News & Insights

At a time when the tax landscape continues to change, it appears an old established rule dating back to the 90’s has become one of the focuses of the New Zealand Tax Department’s current compliance programme.

It’s one thing to have a governance board; it’s another to have a good governance board! What processes can you put in place to ensure your board performs to a high standard? Take note of these five characteristics of good business governance to make sure you’re on the right track.

Deciding to change accountants can feel like a big step, but as your business grows it may become a very necessary one. So how do you know when it’s time to make the switch? Here are five questions to ask yourself before making this important decision.

You know money is coming in, and it is definitely going out – but for some reason you don’t feel like the business is actually running a profit. Sound familiar? This could be because there are blockages in your working capital cycle (WCC), and it is important that you identify these before they become a large burden on your daily business operations.

Most businesses will need bank funding at one time or another – whether it is to purchase new plant and equipment, move to larger premises, or employ more staff - read on for tips that can help maximise your chance for success.