Author: Support

Tax planning helps you do more with your money

Written by Support on October 30, 2024. Posted in Tax. No Comments on Tax planning helps you do more with your money

Tax planning is a strategic approach to managing your business’ financial affairs, with the aim of legally minimising your tax liability. In other words, you plan ahead to make sure you pay the taxes you should be paying, but not a penny more. Working with your tax adviser, you can look for deductions,...

Review your business expenses – and save

Written by Support on October 30, 2024. Posted in Management & Strategy. No Comments on Review your business expenses – and save

Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your spend levels? And what impact will this...

Work vehicles? Stay on top of tax with logbooks

Written by Support on October 30, 2024. Posted in Compliance, Management & Strategy, Tradies. No Comments on Work vehicles? Stay on top of tax with logbooks

Logbooks are useful records of business expenses relating to work vehicles and this is important when calculating what tax deductions you can claim. Depending on your business entity type, different tax rules apply when you use motor vehicles to earn income, and you might use a logbook to track expenses...

6 Powerful Reasons To Watch Your Financial Reports

Written by Support on October 30, 2024. Posted in Management & Strategy. No Comments on 6 Powerful Reasons To Watch Your Financial Reports

Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to you, then here are 6 reasons we...

Farming of the future

Written by Support on October 30, 2024. Posted in Rural. No Comments on Farming of the future

Digitisation is transforming how farming businesses operate, leading to more innovation, efficiency, and productivity across New Zealand. The Internet of Things (IoT) is part of the puzzle, local networks of internet-connected devices and appliances that share information. IoT devices make life...

5 ways to reduce your stress as a business owner.

Written by Support on October 30, 2024. Posted in Management & Strategy. No Comments on 5 ways to reduce your stress as a business owner.

Small and medium-sized enterprises (SMEs) make up 97% of all businesses in New Zealand. As the owner of an SME, you’re doing your bit to provide employment, aid the economy and put Aotearoa on the map in an increasingly globalised world. But running your own business can be incredibly stressful! New...