The Government is proposing to align the trustee tax rate with the top personal tax rate of 39% for the 2024–25 and later income years (beginning 1 April 2024 for most trusts). The current trustee tax rate of 33% has been in place since 1989, when it was aligned with the top personal tax
Your house is your home. It's precious; don't place in it unnecessary jeopardy. We can help you protect your home and other personal assets from being caught up in any potential business issues. Here are just a few tips to get started. Suppliers and commercial landlords often ask you for
BNZ is changing the way its bank feeds into Xero work, making setup simpler and improving access to transaction data. To ensure your bank feed continues to work, you will need to reconnect your BNZ bank feeds to Xero by 14 August 2023. How to switch to the new Xero
Running a business during an economic recession can be challenging, but with structured planning you can steer your business towards success even in tumultuous times. In this blog, the third in our sure up your revenue series, we explore four ways in which you can prepare and guide your business through a recession.
If there is ever a time you should be regularly focusing on your cash position, that time is right now! The way to do that is with a cashflow forecast. This will help you maintain visibility of your cashflow, bolster your cash confidence and ensure the stability of your business. Cashflow (not cash) is
Marketing is a great way to generate revenue (if you can convert the leads) but it needs to be considered alongside margin and productivity of your team. If you pour more dollars into marketing, generating more leads and ultimately more work, you create risk to your business in the following ways: Working harder for
Looking for someone to guide you on your business journey? The ideal person could be right under your nose! Your accountant could be the mentor you didn't know you needed. #businessadvice #SmallBusiness #mentoring Business mentors can provide guidance and support to help business owners make informed strategic decisions and stay
An outstanding company culture has arguably never been more crucial, especially in such a tight recruitment market. Research by SEEK suggests that more than 75% of Kiwis think workplace culture is "important", and two-thirds say they'd decline a job offer if they discovered the business had a poor culture. But how do you develop
The IRD introduced provisional tax to help individuals and organisations manage their tax obligations throughout the year rather than having to pay a lump sum at the end of the tax year. The amount you must pay, and when you need to pay, varies from person to person and business to business. To ensure
Small and medium-sized enterprises are the backbone of the New Zealand economy. But being a successful business owner is no mean feat. Starting and running an organisation requires hard work, dedication, resilience, and a healthy dose of self-confidence. Inevitably at some point, we all experience "a wobble" when self-doubt creeps
