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Safe harbour – income tax
April, 2021‘Safe harbour’ is a term used by Inland Revenue to determine when a provisional taxpayer becomes subject to use of ...
Why you should prepare a cash flow forecast
March, 2021A cash flow forecast is key to business sustainability and success. WHY? Many good businesses can be profitable, bu...
Spent money from a personal bank account?
March, 2021When you're starting out there can be a lot of set up in a short time. This can mean not all business expenses get...
The basics business owners need to know about GST
March, 2021GST is a tax everyone pays on goods and services while living out their day-to-day lives. Businesses collect this ...
Business tips – focusing on the bottom line
March, 2021Sometimes it's hard to focus on the bottom line so we bring some suggestions on how to do that.
Myth busting: buy or lease business assets
March, 2021Quite a few misconceptions float around the question of whether to lease or buy an asset for your business. We'll d...
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The difference between accrual and cash accounting
March, 2021You may have heard about financial statements being prepared on either an accrual or a cash basis and wondered what...
How business owners should pay themselves
March, 2021How do you pay yourself from your business bank account and what do you need to consider from a tax perspective.
What is a balance sheet?
March, 2021Learn about balance sheets and why it is an important financial statement.