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BusinessFinancial reporting that actually helps you run your business
A lot of businesses only think about financial reports at tax time. Once the accountant is done, the reports are filed away and forgotten. But smart business owners are starting to see that financial reporting can actually help them run their business better—not just tick the compliance box. Here’s one way to think about it:Financial […]
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How to get the best out of your Accountant?
“It takes two to tango” – so the saying goes, and the same applies to business relationships. To truly benefit from your accountant and achieve your goals, the relationship you have with your accountant must be built on mutual respect, trust, and efficiency – from both parties. So, how do you get the most value […]
What is a Virtual CFO and how can it help your business?
We get it. Running a business of any size is hard work… and to top it off, the more successful you become, the harder a business is to manage. Did you know that less than 5% of businesses within New Zealand turn over more than $5 million per year? Crazy right? Today, $5m is not […]
Frequently asked accounting questions
As you can imagine, we often respond to a lot of accounting questions. Most queries are usually the same, or at least similar. So, I thought I would provide answers to the most popular ones. How should I structure my business? There are several options here. The most common are: Sole trader – a person […]
Check your pay slips!
Pay slips are an important component of any payroll services. Also known as wage slips, paystubs or pay advice. Before the birth of the internet, emails, and the old wire transfer systems, pay slips were often provided to employees in a paper form along with their pay cheque. The pay slip was an acknowledgement of the […]
Time for an FBT (Fringe Benefit Tax) health check!
As we draw closer to the breezy autumn days of another tax year, the Fringe Benefit Tax (FBT) season is inevitably upon us. The recent increase to the personal income tax rate, which applies to income earned by individuals earning over $180,000, has also resulted in an increase to the FBT rates. Coupled with the […]
