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Changes to Personal Tax Rate Thresholds Coming July 31st
There are important changes coming to personal income tax rates which take effect 31 July. These are an outcome of the Budget 2024 and they have some consequences for businesses.
Win big with the Xero Beautiful Business Fund!
Xero recently announced their Xero Beautiful Business Fund is back! Find out how your small business could win big.
Understanding Different Business Structures: Sole Trader, Partnership, and Company
Choosing the right business structure is one of the first and most important decisions you will make as a new business owner. Each structure—sole trader, partnership, and company—has its own set of advantages, responsibilities, and tax implications. This guide will provide an overview of each structure to assist you in making an informed decision.
How is a bookkeeper different from an accountant?
Although bookkeepers and accountants both work with financial data and are both essential for managing a successful business, their roles and duties are actually different.
What’s the difference between a quote and an estimate?
Offering an estimate or quote provides potential clients with a customised figure for what they can expect to pay. Learn the difference between estimates and quotes, and tips on how to prepare them like a pro.
Budget Summary for Small Business Owners with Trusts in 2024
From 1 April 2024, trustee income tax rises to 39%. Trusts earning <$10,000/year and certain special trusts stay at 33%. Inland Revenue clarifies what actions are acceptable. Will this apply to your trust and what actions should you take if it does?
Review your business expenses – and save
Need to cut your business expenses? We’ll review your current costs, find the expenses that could be cut, and will provide a proactive spend management programme to reduce your spending.
Tips for dealing with economic uncertainty in your business
You can’t avoid economic uncertainty but you can change the way you deal with it. Strong communication with your team will help your business get through.
Online marketplaces, tax and you
If you rent out the family bach through Bookabach, if you do some driving with Uber, or, more generally, if you earn income through an online platform, you need to be aware of recent and upcoming changes.
How does an accountant save you money?
Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment?
Talk to us about how we can work with you to support your ongoing business profitability.
Your Business Plan
When confronted with difficulties or adversity, creating a Business Plan provides clarity and steps to overcome these. Spend time planning to ensure your business is resilient and can overcome future challenges.
Managing risk
A crisis can expose gaps in a business’s #RiskManagement processes and highlight new risks that need addressing. Developing a Risk Management Plan will help you prepare for whatever unexpected events the future may hold.
Navigating 2024: Setting business goals and realising your potential
As we step into the promising journey of 2024, it's a time for reflection and a fresh start. If you're a business owner pondering your next moves, we're here to assist you in shaping clear and attainable goals for your enterprise throughout the year.
The Government's Mini-Budget announced
The new Finance Minister, Nicola Willis announced savings via redirected funds and exiting projects in the government’s mini-budget.
Creating business success in 2024
Did you achieve all of your business goals in 2023? If not, chances are you as the business owner were tied up working IN the business, not ON the business.
What is a mindset course, and how can it help my business?
Developing a growth mindset could help you achieve success in your field or industry. A mindset course may lead you to the opportunity you're looking for.
What will a National-led government mean for your taxes?
What are National’s proposed tax changes? Shifted income tax brackets, restored interest deductibility, a two-year bright line test and FamilyBoost.
How much should you pay yourself?
As a business owner, how much should you pay yourself? It depends on how much your business can afford, market pay rates, and whether reinvestment could pay dividends.
Introducing our Value Gap Analysis Report
Our Value Gap Analysis report reflects the insights we get from your financial statements, summarising the opportunities and strategies we think will increase your business's profitability, cashflow, and value. Contact us for your bespoke report now!