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The Business Advisory Blog

Welcome to our blog

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.

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New Zealand Budget 2020

Written by Vanessa Williams on May 15th, 2020.      0 comments

budget blocks copyAs expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.

 

COVID-19 Small Business Cashflow Scheme and Business Finance Guarantee Scheme

Written by Vanessa Williams on May 5th, 2020.      0 comments

Graphic for a website page- CoronavirusLast week the Government announced it will provide interest-free loans for a year to small businesses impacted by the COVID-19 to support their immediate cash flow needs and meet fixed costs.
 

Business Finance Guarantee Scheme

Written by Vanessa Williams on April 8th, 2020.      0 comments

Graphic for a website page- CoronavirusThe $1 billion BFGS scheme is available to all eligible New Zealand-based businesses with an annual turnover of $250,000 to $80 million that have been impacted by COVID-19.
 

Prescribed interest rate decreases

Written by Greg Millar on February 10th, 2020.      0 comments

interest rates-469-101The prescribed rate used to calculate fringe benefit tax on low-interest, employment-related loans has decreased from 5.77% to 5.26% effective 1 October 2019. Our website has been updated.
 

Loan Amortisation important when Forecasting

Written by Vanessa Williams on May 30th, 2018.      0 comments

consultant-885If you are preparing a forecast to obtain financing, use scenarios to show the impact of varying levels of loan repayments or different loan terms. We can help you achieve an outcome that is realistic and manageable.