by Munro Benge | Oct 22, 2019 | Business Growth, Xero
A lot of retailers are now using online accounting software for their businesses. There’s a good reason for that – it can make all the difference when it comes to managing your retail business. But you’ve got to make sure that you choose the software that’s...
by Munro Benge | Oct 15, 2019 | Technical Updates, Trusts
The Taxation Review Authority (TRA) has held that there was a tax avoidance arrangement involving a trust. The interest deductions claimed by each taxpayer were void against the Commissioner under s BG 1 of the Income Tax Act 2004. The background This case related to...
by Munro Benge | Oct 2, 2019 | Business Growth
Here are ten ways to make sure that you continue to drive through each business quarter with purpose, vision and the courage to super-charge your business. 1. Eliminate distractions: Time is the scarcest resource and biggest killer for most businesses. Owners get...
by Munro Benge | Sep 11, 2019 | Human Resources
On average, Kiwi women earn 9.2% less than men While the gender pay gap is smaller than a decade ago, a collection of top New Zealand business people are working hard to reduce it further. CEOs and Chairs from large corporates have joined Champions for Change....
by Munro Benge | Sep 11, 2019 | Human Resources
Find a better balance with these helpful hacks Working harder is not always smarter. Burnout is common among business owners and staff who are pushed to the limits. Ultimately, it’s not good for business or your personal life to be burning the candle at both ends. But...
by Munro Benge | Sep 11, 2019 | Human Resources
How well are your staff performing? Do they love their job? Performance reviews, an open two-way conversation held once or twice a year, are a great way to find out. While you’re not legally bound to do appraisals, they’re a great tool to keep your business running...
by Munro Benge | Sep 3, 2019 | Business Growth, Xero
The Xero Dashboard is a one-stop hub for all your key financial information. The dashboard is where you’ll see what’s in your bank account, who’s paid your invoices, and which supplier bills are due for payment – all customisable to show you the...
by Munro Benge | Aug 30, 2019 | Property
Buying or selling a home? You’ll now need to provide your IRD number as part of the transaction process. The change will allow IRD to know who’s flipping owner-occupier homes on a regular basis, and better enforce the existing law that ensures people pay tax on the...
by Munro Benge | Aug 28, 2019 | GST, Newsletters
In New Zealand, goods and services tax (GST) is added to the price of most products and services. If your business is GST registered, you collect GST from customers (by adding 15% to your sale price) and you pay this to the government, less any GST that your business...
by Munro Benge | Aug 21, 2019 | Business Growth, Newsletters
Small and medium-sized businesses are spending on average 120 hours a year on admin tasks, according to recent research into productivity at UK SMBs. If your people are spending 120 hours wading through tedious and unproductive admin, that’s bad for the business and...
