Published 3rd December 2018 by Anonymous
Do I have what it takes?
Running your own business can mean long, unpredictable days, with little respite until you start to make a profit. Reaching that milestone can take years.
You’ll need to be:
Passionate: If not, you’ll find it hard to keep going when you hit a hurdle.
Prepared to make sacrifices: You’ll have less money to spend and may have to give up hobbies and social activities, at least while the business is getting up and running. Make sure your family is prepared for changes, too.
Published 20th June 2018 by McDonald Vague Limited
1 Accounts Receivable Process - A poor accounts receivable process will result in debtor days (the time between billing and banking) being too high. This will stifle your cashflow.
Published 19th June 2018 by RSM New Zealand Group
We have heard Inland Revenue is targeting claims for repairing leaky homes. The general principle for determining whether a new asset has been created is whether the “repairs” substantially rebuilds the whole of the asset.
Published 19th June 2018 by RSM New Zealand Group
The regional fuel tax will be collected at the distribution level, so will not directly affect our clients from the point of view of administration.Initially the tax will apply in the Auckland region but will be...
Published 19th June 2018 by RSM New Zealand Group
If you are in the habit of claiming your vehicle running expenses based on your mileage, you will need to know the new rules. The 5000 kilometre limit has been abolished.
Published 19th June 2018 by RSM New Zealand Group
When: Voluntary from 1 April 2018, compulsory from 1 April 2019What: Businesses will need to file payroll information every payday, rather than once a month.