Let’s talk about what smart business owners do (and don’t do) when provisional tax dates come around. The Dos Do stay ahead of the dates. Know your dates and put them in your calendar. Set a reminder two weeks before. The IRD’s late payment interest and penalties are avoidable, and there’s nothing more frustrating than […]
Provisional Tax: Stop Dreading It, Start Owning It Read More »
If your business provides employees with a company vehicle, there are some important Fringe Benefit Tax (FBT) changes that took effect from 1 April 2026, as well as significant reforms proposed for 2027. Here’s a rundown of what’s new and what it means for you. The 2026 Change: The Investment Boost and FBT The Government’s
FBT and Company Vehicles: 2026 Changes and What’s Coming in 2027 Read More »
Your balance sheet isn’t just another document us accountants like to have. It can tell a story that may not be obvious right away. Here are 5 things your balance sheet can tell you about your finances. Your balance sheet provides a snapshot of your company’s financial position at a specific point in time. It’s
What is your Balance Sheet telling you? Read More »
If you’re an ACC Levy paying business, here’s a summary of what’s changing as of 1 April 2026. 1. No Claims Discount is ending The No Claims Discount is being removed as it hasn’t delivered the expected health and safety improvements and has been subsidised by other businesses. What’s changing: 2. Experience Rating becomes self-funding
ACC Levy Changes from1 April 2026 Read More »
Are you part of a supplier rebate scheme that provides gift cards or products as rewards for purchasing goods and services? Think gift cards, tools, or products offered when you spend with suppliers — there’s fresh guidance from the IRD you need to know. The IRD has confirmed that if you convert your supplier rebates
Get Clear on Trade Points – What Business Owners Need to Know Read More »
Love it or hate it, we’re living in the subscription era. Once upon a time, running a business meant stacks of paper, boxed software, and costly one-off purchases. But the digital world has changed – and with it, the way businesses spend. The Rise of the Subscription Economy Today, nearly everything runs on a subscription.
The Subscription Life: Is Your Business Keeping Up (or Paying Too Much)? Read More »
Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help you weather tighter economic periods and allow you to continue to thrive. Make sure you have a clear picture of your payroll, and any other
Keeping your cashflow strong in tough times Read More »
On Thursday 22 May, the Minister of Finance, The Honourable Nicola Willis, delivered Budget 2025. Opening her speech, the Minister said:“This is a responsible budget to secure New Zealand’s future. It supports the economic recovery now underway. It also takes a longer-term view with initiatives to boost future investment savings and growth.” Growing GDP and
Budget 2025: The impact for your small business Read More »
Do you have frustrations, bottlenecks and inefficiencies where once systems worked perfectly? Is there something better out there for your current needs? Growth is something every business strives for — but as your business expands, so do the demands on your systems. If you’re feeling like you and your team are spending more time battling
Have You Outgrown Your Tech Stack? Read More »
As a small or medium-sized business in New Zealand, managing your tax obligations can feel overwhelming. Two key areas that often raise questions are provisional tax and tax pooling. Here’s a quick overview to help you stay informed and in control. Provisional Tax in a nutshell Provisional tax is like making progress payments towards your
What SMEs Need to Know About Provisional Tax and Tax Pooling Read More »
