Blog

IRD tax filing dates

It’s that time of year when the nights are colder, and the IRD want their pound of flesh from taxpayers. For the majority of Kiwi tax payers, the last day for filing their 31 March 2011 income tax returns is this Thursday, July 7 2011, unless their returns are prepared by an IRD approved Tax […]
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4 tips to survive a weak economy

Like the Auckland weather, it’s often just as difficult to predict the economic climate accurately.  During a recession or economic downturn, disaster can quickly strike small business entrepreneurs who are not prepared to weather the storm. Fortunately, all is not lost.  You can stay strong in lean times and help is often at hand to […]
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Your bank manager – friend or foe?

Maintaining a good businesses relationship with a financial institution (such as a bank, credit card company, etc) has always been important.  This is becoming more prevalent as many lenders are consolidating, borrowing becomes harder and options become scarcer. In the past, we may have regarded this relationship as a partnership, where each party stood to […]
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7 ways to pay your accountant less

Using a Chartered Accountant and paying their accounting fee is often considered a normal part of running a business. It’s important for you to consider what you’re getting for your money.  Before shopping around to reduce your accounting fees, compare the value that you’re receiving from your accountant. Let me elaborate with some examples: Scenario […]
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The emerging benefits of debt factoring

One question that clients often ask is “how can I get people to pay me quicker?”. As they say “cash is king” and with ever spiralling bad debt due to the recession, everyone seems to be feeling the pinch.  It’s possible that your customer is waiting to be paid before they can pay you. But […]
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Tips on Managing Your Accountants’ Fees

Quite often the professional fees that are charged by some accountants are seen as onerous to some small business owners.  Considering the current state of the economy, you might find the following tips useful to help you manage your overheads. *  Organise your books & record keeping.  Basically, if the information your accountant needs to […]
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