Tax and cash flow planning: Your blueprint for a strong 2025
A new tax year isn’t just about compliance—it’s a chance to strengthen your financial foundation, optimise cash flow, and reduce stress. Smart planning now can set your business up for long-term success. Step 1: Get tax-readyA fresh financial year isn’t just about keeping up with tax rules—it’s a chance to set stronger financial foundations for […]
Five mistakes to avoid for this End of Tax Year
The lead-up to the end of the financial year can feel like a whirlwind, but by avoiding these common hurdles, you can keep your tax season on track and make it your smoothest yet. Mistake #1 – Neglecting your home office details If you’re claiming home office expenses, accuracy is key. You might have started […]
Our top tip for the 2024-2025 tax year: Be prepared!
A stress-free tax return starts with having your documents ready. To help us prepare your financial statements efficiently, gather these essentials: Need guidance? We’re here to help make your tax season straightforward. Contact us today. Disclaimer: This blog has been carefully prepared, but it has been written in general terms only. The blog should not […]
IRD increases visibility of sales data
From April 1, 2023, payment service providers (i.e. EFTPOS providers and online payment platforms) must provide information to Inland Revenue every six months on all transactions processed. Inland Revenue will compare this information with what businesses have filed in their tax returns. They will follow up on any discrepancies in these comparisons. Disclaimer: This blog […]
Looking to invest in R&D this year?
The Ministry of Business, Innovation & Employment has announced that businesses performing eligible research & development can access faster and more frequent payments of the R&D tax incentive this year. What is the R&D tax incentive? The scheme provides a 15% tax credit to businesses conducting ‘eligible’ R&D activities and has supported more than $1 […]
D-Link routers under attack
Although it’s the least visible piece of office equipment, wireless internet routers are increasingly being targeted by cybercriminals. The Mirai malware botnet variant known as ‘MooBot’ has re-emerged in a new attack wave, targeting vulnerable routers made by D-Link. Users of compromised D-Link routers might notice a slowdown in internet speeds, unresponsiveness, overheating, or unusual […]
Beware of cyber scams
Digital tools can help your business become more efficient, save time, and win new customers, but there are also dangers to watch out for. Cyber-attacks and con artists could target any small business in New Zealand. Here are the latest risks: Facebook danger One sophisticated Facebook scam has ensnared 10 million users. Millions of people […]
Should your business go ‘remote-first’?
Since the last of New Zealand’s lockdowns, many businesses have ditched remote working for good. But what are the benefits of taking a ‘remote-first’ approach? Around the world, an increasing number of companies are making remote working the default option for staff, abandoning the office completely in favour of a more flexible model. With a […]
Get paid faster with eInvoicing
If you’re tired of chasing invoices and late payments, eInvoicing could make your life easier and save you money. With eInvoicing, digital systems talk to one another seamlessly over a universal network, ensuring payment information is exchanged more quickly and accurately. Businesses no longer need to generate paper-based invoices or email PDFs, and buyers won’t […]
Customs rules are changing
Import supplies? Customs rules are changing In the past, the New Zealand Customs Service has allowed businesses to combine the value of small shipments containing a number of low-value items, such as spare parts, when the value for duty of any item listed on an invoice did not exceed the equivalent of NZ$25. Historically, Customs […]
