What the latest OCR cuts mean for SMEs in 2025
On 19 February and 9 April, the Reserve Bank cut the Official Cash Rate (OCR). It is now at 3.5%. What does this mean for your business? Simply put, the OCR cut is a positive shift for many SMEs—but smart financial planning is important. Need personalised advice? Get in touch — we’re here to help. […]
Payroll and tax rules: What you need to know right now
1. New income tax brackets are now in full effect Last year’s income tax adjustments are now fully in place for the 2024–25 tax year. That means employees may see slight changes to their take-home pay, impacting payroll calculations. The consequential changes on fringe benefit tax brackets for attributed benefits such as company cars apply […]
Confidence check: Where do you sit on the business barometer?
How are you feeling about your business right now? Are you on solid financial footing, or taking a more cautious approach? Is demand steady, growing, or unpredictable? Business confidence is a key economic indicator, and right now in New Zealand, the latest data paints a mixed picture: Use the current business confidence to your advantage: […]
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 […]
Smart start: Your 2025 roadmap to success
A new year is a fresh start—the perfect time to set aside an hour or two to give your business a quick ‘audit’. Not the kind of audit we do, but a big-picture review to assess where your business stands and how to set it up for success in 2025. This checklist will help you […]
Beware the cyber threats trending in 2025
Cybercriminals are upping their game, creating convincing scams that are harder than ever to detect. Small businesses, assumed to have limited resources and less robust security systems, are increasingly seen as an easy target. Let’s prove the scammers wrong. Stay informed Knowledge is your first line of defence, so be aware of these emerging threats: […]
Embracing eInvoicing: a game changer for Kiwi businesses
If it ain’t broke, don’t fix it is a great motto for your trusty old lawn mower—but when it comes to invoicing, we prefer, Out with the old and in with the new! eInvoicing is quickly becoming the standard in New Zealand, and it’s easy to see why. By exchanging invoices directly between accounting systems, […]
What the falling OCR means for your business
After a prolonged period of economic uncertainty and rising costs, the official cash rate (OCR) cuts in the second half of 2024 marked a turning point for New Zealand’s business community. The reductions brought much-needed stability, allowing business owners to look ahead with cautious optimism. But the big question remains: Will the OCR continue to […]
