Business health check
Dec 18, 2018
Do your Christmas housekeeping! - Chase up unpaid invoices to encourage payment before Christmas to get cashflow off to a good start for the New Year. - Make sure your voicemail message and website mention closing date info and emergency contact details. Who’s responding to wor...
Holiday cashflow blues
Nov 30, 2018
Many businesses start to worry about their bank balance around now. The holidays looming recall unpleasant memories of last year. All the regular expenses (wages, rent, suppliers etc) are still due, but the people who pay you are either away on holiday or slow payers awaiting payment themse...
Checklist: Can your business survive the holiday period?
Nov 30, 2018
While the Christmas/New Year period is traditionally a slow time of year for business, you still need to meet your expenses. Ensure your bases are covered before you clock off for the year. 1. Plan ahead Do a budget to figure out how much you are going to need to cover your overh...
How Income Equalisation Works
Nov 28, 2018
When your income fluctuates seasonally or for other reasons, it can be a challenge to manage your tax obligations as well as everything else. The income equalisation scheme, administered through Inland Revenue, allows farmers, fishers and foresters who are eligible taxpayers to eve...
