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 […]

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 […]

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 […]

I was recently listening to the audio book ‘Game of Thrones’ and the saying “A Lannister always pays his debts.” struck me and reminded me of the incidents of two entities: both were from overseas, both engaged New Zealand professional services and both neglected to manage their debts. It was so easy walking into an office having a lengthy talk […]

Imagine if you will, a boxing ring. The arena is dark, there is no audience and there are only four people present – the guy in the red shorts, the one in the blue shorts and a second for each boxer. The second for the boxer in the blue shorts has had many years of […]