Your provisional tax explained
1 minute to readYour provisional tax equals your previous year’s residual income tax plus 5%. However, provisional tax paid in the past may not reflect how your business has performed over the current financial year. Your final income for this financial year will determine whether you’ve overpaid or underpaid provisional tax. Once you’ve filed your […]
Your 12-point checklist to stay ahead on tax
2 minutes to read 1. Contracts Have you invoiced retentions that don’t need to be paid until next year? If they are payable this tax year, they will be classed as taxable income for 2023-24. Unsure? Talk to us as your tax adviser. 2. Employee expenses and holiday pay Holiday pay, bonuses, redundancy payments, and […]
What new migrant worker law means for your business
Do you employ migrant workers? You need to be aware of the Worker Protection (Migrant and Other Employees) Act, which comes into force on January 6. The law, which amends the Immigration Act 2009, Employment Relations Act 2000 and Companies Act, will introduce a tough penalty regime to deter the exploitation of migrant staff. What […]
Six Christmas email marketing tips
Keen to get a Christmas email out to your customers but unsure where to start? We’ve compiled some helpful pointers to get the most out of e-marketing. 1. Send more emails in December Experts believe that increasing the frequency of your emails in December can help grab customers’ attention. Inboxes are crowded as a result, […]
How to save energy over Christmas
While plenty of companies are closed over Christmas, some of us have to keep the lights on to serve our customers. Here are some energy-saving tips that could save you some money over the coming months. Only use the lights you need Lighting contributes significantly to energy usage, so if you’re running skeleton staff over […]
Your small business Christmas checklist
Christmas lists aren’t just for kids and Santa Claus. Before summer arrives, tick off our small business Christmas checklist to ensure you’re in the best possible shape for the year ahead. Plan cash flowMake sure your business has enough funds on hand to pay suppliers over Christmas and January, remembering your tax obligations in the […]
Time to review your health and safety plan?
Good health and safety (H&S) practice is a vital part of any business, but when was the last time you checked your company’s health and safety plan? Under the Health and Safety at Work Act 2015, both “Persons Conducting a Business or Undertaking” (PCBU) and workers (including employees and contractors) have health and safety duties […]
Five ways to improve diversity in your business
Studies show that diversity and inclusion in the workplace can lead to better business results. Here are five ways to enhance diversity in your organisation: Companies including Hays, The Training Practice, and Diversity Works offer diversity training programmes in New Zealand. Disclaimer: This blog has been carefully prepared, but it has been written in general […]
What is a mindset course, and how can it help my business?
Mindset courses can help you develop the right psychological attitudes to achieve success in your field or industry. They’re all about cultivating the right mental and emotional attributes to achieve professional growth, overcome challenges, and maximise potential. Here’s what you’ll learn on a mindset course: Adopting a growth mindsetYou’ll learn all about adopting a growth […]
Your business leadership checklist
Great business leaders come in many different forms, from visionaries like Apple founder Steve Jobs to big personalities like Virgin’s Richard Branson and diversity champions such as former Facebook executive Sheryl Sandberg. A business leader should bring people together, have staff working towards a common goal, and keep people updated about where a company is […]
