Starting up a small business is a huge achievement, but ensuring that your business is a success is a much bigger challenge. The start-up stage of business ownership is extremely risky, stressful and expensive and is where many entrepreneurs pull out. Making sure you get the right advice and making smart decisions about where to spend your money is the simplest recipe for success.
Deep dive into the 8 key issues impacting cash flow for New Zealand businesses in 2022 and solutions to get your business back on track.
In a final interpretation released on 7 July 2021, the IRD has concluded that in general, meal expenses for self-employed taxpayers are not deductible for income tax purposes, nor […]
Property investors targeted in Government’s latest announcements The Government has announced significant changes targeting property investors. These changes have significant tax impacts and could cause long-term loan serviceability issues. In […]
Work and Income offers three COVID-19 support payments for employers: Wage Subsidy Extension, Leave Support Scheme, and Resurgence Wage Subsidy. The Small Business Cashflow (Loan) Scheme extended to Dec 31, 2020. Other measures include lease cancellation extension for landlords and changes to enforcement timelines for lenders.
Extra funding administered by the IRD is now available for businesses with 50 or fewer full-time equivalent employees who are struggling because of a loss of actual or predicted revenue as a result of COVID-19.
The financial impact that COVID-19 has had and will continue to have on businesses is only just unfolding.
Explore the intricacies of tax-deductible entertainment expenses in our comprehensive guide. From corporate events to deductibility rules, navigate with confidence.
With intelligent software solutions such as MYOB or Xero now common place, it has become an interesting question. Do you really need an accountant? The simple answer is, “Yes!” As […]
When will ring-fencing of rental losses apply from? The Taxation (Annual Rates for 2019-20, GST Offshore Supplier Registration, and Remedial Matters) Bill, introduced 5 December and currently open for submissions, […]
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