Are you planning a Christmas event for your clients? Is gift-giving on your to-do list? Take a minute to refresh yourself on how much is deductible as a business-related expense. Presents Are you thinking of gifts for clients,
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Planning for upcoming tax deadlines in October
Remembering the filing and payment deadlines for your business can be challenging. We have summarised these for you to prevent you from missing any deadlines and facing a penalty. Tax Calendar – October 2022 Note:Â provisional tax due dates
Key numbers to focus on in your business now
As a business owner, it’s never been more important to have a good grasp on your finances. For many businesses, priorities have changed, customer behaviours have mutated and revenue streams have had to evolve and pivot in order
Understanding Your Profit and Loss Statement
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a
Don’t trip! GST mistakes to avoid
GST can be a thorn in your side but if you understand when it’s due, what to pay, and you make the most of your accounting software, you’ll escape unscathed. Here are four of the most common mistakes
Should you have received the Cost of Living payment?
You may be eligible for the Cost of Living payment – even if it hasn’t arrived in your account. If you earned less than $70,000 between 1 April 2021 and 31 March 2022, you are eligible for the one-off $350
Business tips: Using forecasting to help your decision-making
Producing regular management information is one way to help improve your business decision-making. But looking at historical numbers can only tell you so much. In business, you want to know what the future holds. And to make truly
Don’t get caught by an Inland Revenue scam
It’s tax season – which also means it’s tax scam season. Unfortunately, savvy scammers know that Kiwis expect to receive correspondence from Inland Revenue over the next few months. So the scammers create emails or texts that appear