auckland accountants Archives

Business Advisors tips to navigating downturns as a tradie running a construction business.

How builders and tradies can survive and thrive in a downturn

May 4, 2023 / SME Business Advisory Team

For builders and tradies, there could be a slowdown ahead in the construction sector. Now’s your chance to think about strategies to help your business survive – and thrive – if times get tough.

Our experienced business advisors answer what kind of expenses are tax deductible for your small business.

Clothes, rent, meals – what is tax deductible?

March 23, 2023 / Mishali Patel

What expenses are tax deductible for your small business? Meals with clients, mortgage interest payments, and work uniforms could all be claimable – our quick Q&A will help you learn more.

5 signs you’re undercharging

March 2, 2023 / Akshinee Patel

Is your business undercharging for your fees? We’ve got the five warning signs that can help you diagnose whether your service prices are too low.

Due to NZ inflation and high cost of living, the NZ minimum wage will increase and NZ small businesses will be affected.

Minimum wage to rise in line with inflation from April 1

February 8, 2023 / Kunal Topiwala

The minimum wage is rising as of April 1, to $22.70. Need to review your pricing? Get in touch, we are here to help.

The importance of identifying your nz small business breakeven point using income and costs while working out your business plan.

Understanding Your Breakeven Point

February 1, 2023 / Mishali Patel

Do you know your business breakeven point? Knowing how much income you must generate to cover all fixed and variable costs means you can make better business plans and financial decisions for long-term sustainability and profit.

Inland Revenue is changing the GST Filing period for hundreds of customer automatically from mid January 2023

GST Filing Frequency changing for some customers

January 25, 2023 / Akshinee Patel

From mid-January 2023 the IR has started issuing notices to customers advising them of automatic changes to their GST filing frequency. Here's what you need to know.

Business tips and goals to help your business grow in 2023!

5 Tips to help make 2023 the best year yet for your business!

January 4, 2023 / SME Business Advisory Team

Effective goal setting will help you get the very best out of 2023. Our advisers have put together 5 tips to help business owners reach new highs this year.

Tax Invoice GST changes to record-keeping

GST changes for invoices coming – what you need to know

November 30, 2022 / Mishali Patel

Inland Revenue is making changes to GST invoices – so e-invoicing is now legal even without a PDF or any paper records. Here's what you need to know!

Cashflow, business expenses, and cutting costs planning for small business

Holiday cashflow for your small business

November 24, 2022 / Kunal Topiwala

Leading up to the holiday period, is your business cash flow in good health to carry you through? This time of year can be hard on small businesses. Make a plan early to ensure healthy cashflow over the holidays.

Our NZ business Advisors can help you prepare your NZ business for a downturn in economic cycles. Let's look at the NZ economic outlook for 2023!

Times might be tough, but it’s all part of the economic cycle – and there will be opportunities

November 11, 2022 / SME Business Advisory Team

After six economic cycles, seasoned NZ business advisor, Geoff Hamilton, knows that a downturn is no reason to panic. Now, he shares some insight on some of the unique opportunities and challenges NZ business owners may find in the next 12 months.

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