‘Tis the season for giving…but what can you claim back?
Gifts, bonuses, parties, and more: here’s a brief breakdown of what you can and can’t claim this festive season. Employee giftsGifts that are not subject to the entertainment tax rules (vouchers, hampers, flowers) are fully deductible and exempt from Fringe Benefit Tax (FBT) if they cost less than $300 per employee per quarter, and the […]
The do’s and don’ts of holiday sale specials
When run right, Christmas promotions don’t just boost sales, they build trust that lasts well beyond the festive season. Follow these five simple rules to spread holiday cheer without a compliance headache. Do: offer genuine holiday discounts and Christmas bundle deals.Don’t: hike your prices beforehand to make your discounts look better than they are. Do: […]
Five ways to boost income during the post-holiday lull
While industries like tourism and hospitality thrive over summer, many businesses face a slowdown after Christmas and New Year’s. Sound familiar? These five tips can help keep your revenue flowing. 1. Seasonal promotions Extend offers beyond Christmas to capture keen summer shoppers. Post-holiday sales and exclusive discounts keep customers engaged and drive ongoing sales. 2. […]
12 tips to boost your Christmas sales
Kiwi shoppers spent billions in the lead-up to Christmas last year — up 4.9% — and this year is set to be even bigger. Preparing your online store now is crucial to maximise the season’s potential. 1. Get your website ready Make sure your website can handle a surge in traffic by compressing images, streamlining […]
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 […]
Manage your Christmas cash flow
Christmas can cause a cash flow crisis for small businesses, but you can prevent problems from spilling into the New Year. Here are two ways you can ease your cash flow worries:
Tricky tax questions at Christmas time
Here are some answers to common tax questions at this time of year. Is our Christmas work party tax deductible? Does it matter whether it is held on business premises?Expenditure on entertainment is only 50% deductible for tax purposes. This applies to deductions for spending on food and drink or celebration meals, whether they are […]
Keep your staff safe at Christmas
The holiday season is a time of celebration and indulgence, and a great way to highlight the achievements of the past year. But with every Christmas party comes great responsibility — employers must keep their employees safe. Four top tips for ensuring a Christmas party is remembered for all the right reasons: Disclaimer: This blog […]
