Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.
While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.
Written by Vanessa Williams on July 22nd, 2019.
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We examine how to set and make use of Key Performance Indicators (KPI’s) to help run your business. Read why diligent preparation is important so that any actions you take will have a positive and immediate impact.
Written by Greg Millar on July 17th, 2019.
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If you're an employer, you can use Tier One and Tier Two kilometre rates to get a reasonable estimate of expenditure. This will help reimbursing an employee who has business-related use of the vehicle.
Written by Greg Millar on July 15th, 2019.
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When businesses aren’t paid on time, it doesn’t just affect the bottom line – it affects people.
Written by Vanessa Wiliams on July 12th, 2019.
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Read why the key thing for you to do is to be aware of the necessity to monitor your cash flow position on an ongoing basis, particularly relating to work in progress, stock, debtors and creditors.
Written by Vanessa Williams on July 10th, 2019.
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Understanding the RIGHT things to do in a business is of critical importance. Business guidance from Alliotts in Auckland can help prioritise where you should allocate your time for the biggest impact.
Written by Vanessa Williams on July 8th, 2019.
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What’s the difference between Joe’s Burger Bar and a McDonald's franchise? One is completely reliant on the owner and the other has a fully documented system of operation. Which do you think is worth more? Find out how this could apply to maximising your business value.
Written by Greg Millar on July 3rd, 2019.
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Well-organised businesses conduct financial housekeeping to minimise risk and maximise profits and growth. Use our pointers to help improve your own business.
Written by Greg Millar on July 1st, 2019.
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We outline some of the newest updates happening in the world of Xero that should hopefully brighten up your working day.
Written by Vanessa Williams on June 24th, 2019.
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This article reminds us of the importance of planning and describes a simple process for arriving at a robust plan which will get you closer to your business goals.
Written by Greg Millar on June 21st, 2019.
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Agriculture Minister Damien O’Connor announced a new debt mediation scheme that will help farmers in financial distress deal with their lenders.
Written by Greg Millar on June 17th, 2019.
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Standard cost household service for boarding service providers for the 2019 income year.
Written by Vanessa Williams on June 10th, 2019.
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Find out how having a better understanding of your numbers helps you to make better business decisions.
Written by Greg Millar on June 4th, 2019.
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The ACC levies have been set by regulation for the 2019-20 and 2020-21 tax years.
Written by Vanessa Williams on May 27th, 2019.
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This year the Government is working to introduce a new tax incentive for businesses conducting research and development, the research and development tax incentive (RDTI). The RDTI will give businesses a 15% tax credit if they spend a minimum of $50,000 per year on eligible R&D. Businesses spending less than $50,000 may still be eligible, so long as they are using an approved research provider to carry out their R&D. The Taxation (Research and Development Tax Credits) Bill is about to go before Parliament for its Second Reading. If passed into law, the RDTI will take effect from the beginning of a business’s 2019/2020 income year.
Written by Vanessa Williams on May 22nd, 2019.
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Latest research by ANZ Bank on the key issues affecting our farming sector and rural economics insights that provide in-depth analysis of rural markets and commodities.
Written by Greg Millar on May 20th, 2019.
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SmartPayroll has been advised by banks they work with that there is a new email fraud scheme circulating that involves payroll. We make you aware of what to look out for.
Written by Vanessa Williams on May 13th, 2019.
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Managing people is one of the toughest parts of running a business. Team development issues can have a real impact on your business reputation, client retention and profit. Here's how you put a system in place to listen to your team and use their feedback to make real changes to your business.
Written by Greg Millar on May 2nd, 2019.
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We explain the role of a Chief Financial Officer (CFO) and why it is important in a business. Best practices in managing your accounting function are listed as well as ideas on appointing a Virtual CFO to ensure strategic oversight of your finances.
Written by Vanessa Williams on April 29th, 2019.
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Xero has introduced more granular invoicing options in Projects, allowing users to show time as individual line items on an invoice. Users can now choose to include details such as the staff member, date, task and description from their time entries. This feature is available on both the web and the Projects mobile apps versions of Xero.
Written by Greg Millar on April 8th, 2019.
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Understanding what your customers really think about your business could be the difference between them staying or leaving for a competitor. Find out how to get feedback and create loyal customers.
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