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 […]

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 […]

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 […]

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 […]

ARTICLE SERIES: KEEPER OF BOOKS Recently, a new client came to me to consult about issues with his existing accountant who, after not being able to comprehend the logistics of the business, eventually left. After some initial discussions and reviewing the company’s Xero, I attempted to clean up the mess and provided him with all […]

It is crucial to feel comfortable at work because you spend one third of your life there! For your employees to have a sense of pride and belonging in the workplace, it’s important to have a healthy and positive work culture. One of the most important criteria is that employees feel free to share their […]

When people think about cryptocurrency, we mostly think about Bitcoin but what exactly is cryptocurrency? Cryptocurrency is a type of digital currency which is recorded on a blockchain that can be used in exchange for goods or services.  A blockchain is a specific type of database that stores information in blocks that are chained to […]

In the past, companies have been built on the motto that ‘the customer is always right’, and yet, it is becoming more and more apparent, that the customer can sometimes be a complete idiot. Previously, you would have to put up with it. And in the rise of the digital age, online reviews are starting […]

As Alfred E. Neuman famously said, “What, me worry?” In October, I facilitated a discussion with Bruce Sheppard (CEO of Gilligan Sheppard) and Evana Lithgow (Managing Partner of Working Minds) to add to our series on life and business post-lockdown. The discussion centred around how do we deal with, and face the uncertainty of the […]

We all know New Zealand is a country with a high number of small to medium businesses (SMEs). This may mean we are entrepreneurial, value working on our own terms rather than those dictated by employers, wish to utilise our skills or turn our ideas into action or a myriad of other options.  How then […]