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Xero Subscriptions are changing from 12 September 2024

By |2024-09-04T12:30:46+12:00September 2nd, 2024|General, News|

From 12 September 2024, Xero is making changes to their Xero plans by launching three new Business Plans, enhancing the Ultimate Plan and reducing their Partner Plans down from three to two. These plans will replace the current plans and subscribers who sign on from this date as well as subscribers wishing to upgrade

Inland Revenue tightens cryptocurrency tax compliance

By |2024-08-21T16:32:47+12:00August 21st, 2024|Business Advice, General, Marketing, Strategy|

Inland Revenue has implemented stricter guidelines for cryptocurrency tax compliance, reflecting a global trend toward more rigorous regulation of digital assets. New Tax Guidelines The updated guidelines clarify that nearly all transactions involving cryptocurrencies are subject to tax. This includes (but may not be limited to): Selling Cryptoassets for Money

Why you should review you financial reports regularly

By |2024-07-12T12:13:25+12:00August 7th, 2024|Business Advice, Cash and Cashflow, General, Strategy|

Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to you, then here are 6 reasons

How to define your ideal customer

By |2024-08-21T16:41:24+12:00July 24th, 2024|Business Advice, General, Marketing, Strategy|

Since businesses have existed, business owners have asked the question, Who is my ideal customer? Advertising copywriting icon, David Ogilvy, wrote about “man's unchanging needs”. What he meant by this was that no matter the time or circumstances, consumers had and were driven by, an unwavering set of needs. These

The pros and cons of managing your own rental property

By |2024-07-10T14:50:39+12:00July 10th, 2024|General|

Should you manage your own rental property or pay for a property manager? We look at the pros and cons of each approach to residential property investment. Investing in rental properties can be a great way to grow your wealth over the long term. But it’s not a passive investment

Review your business expenses and save

By |2024-07-04T12:10:29+12:00July 3rd, 2024|Business Advice, General, Strategy|

Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your spend levels? And what impact will this have

New Tax Thresholds in 2024 Budget

By |2024-06-10T10:39:53+12:00June 19th, 2024|Cash and Cashflow, General, News, Tax|

The New Zealand government has unveiled its 2024 Budget with a core election promise delivered regarding tax relief of $2.57b through bracket adjustments. With an adjustment to income brackets, tax rates remain the same but the thresholds are raised. The Budget stated that 1.9 million households would benefit from the

Budgeting for success

By |2024-05-31T08:52:09+12:00June 5th, 2024|Business Advice, Cash and Cashflow, General|

A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting. When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s incredibly important to

The art of networking: techniques for becoming a great networker

By |2024-05-13T12:09:05+12:00May 22nd, 2024|Cash and Cashflow, General, Strategy, Technology|

Networking is a great way to connect with your industry peers and become an asset to your local business community. We’ve got some top hacks for getting the most from your networking. Leading a business can be hard work. But the good news is that you're not the only founder,

Online accounting tools – exploring the benefits

By |2024-05-06T15:41:51+12:00May 6th, 2024|Cash and Cashflow, General, Strategy, Technology|

Using your cloud accounting software to just do the bookkeeping barely scratches the surface. Here are four important ways to get more from the cloud with a bespoke tech stack. If you’re managing a small business, the chances are that you’re using one of the current crop of cloud accounting

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