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 November 16th, 2020.
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This month the Government announced changes to the Small Business Cashflow (loan) Scheme. Our article provides you with information on these changes.
Written by Vanessa Williams on October 5th, 2020.
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Improving your cash position brings opportunities and reduces business risk. In the absence of equity and debt financing, alternative cash-flow management strategies can make a positive difference. These ideas will not apply to ALL businesses but perhaps there are some you can implement.
Written by Greg Millar on September 14th, 2020.
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Some businesses are finding opportunities in the COVID19 environment while others struggle. Common to all businesses is the need for astute cash management. In our article, we look at some best practices to help you best utilise your cash.
Written by Vanessa Williams on August 27th, 2020.
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Prime Minister Jacinda Ardern announced the extension of Alert Level 3 in Auckland to 11.59pm on Sunday 30th August 2020. Auckland will then drop down to Alert Level 2. The rest of the country remains at Alert Level 2.
Written by Greg Millar on August 17th, 2020.
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Managing cash flow is not a financial challenge. It is a business challenge and resilient businesses will base their assumptions on a good understanding of the market, the business goals and business priorities.
Written by Vanessa Williams on July 7th, 2020.
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The NZ Government has announced a further extension for the Small Business Cashflow (loan) Scheme (SBC).
Written by Xero on July 2nd, 2020.
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COVID-19 rocked the boat for many small businesses in New Zealand. Business owners had to work hard to stay afloat. These three awesome Kiwi businesses hustled to help their business survive the storm of COVID-19.
Written by Greg Millar on June 22nd, 2020.
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The price increase to Xero Starter, Standard and Premium plans that was going to happen on 1 July 2020 is now delayed until further notice.
Written by Vanessa Williams on June 15th, 2020.
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Xero users have access to a range of tools to set retailers up for success as they work through COVID-19 challenges and adapt to a ‘new normal’.
Written by Greg Millar on May 18th, 2020.
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Survival has been on the minds of many leaders recently. But businesses are shifting their focus to resilience. What does it take to build businesses that can survive AND thrive in the longer term? Past methods may not work as well in the ‘new’ environment. Then again, what will really change? In this article, we’ll look at some attributes of resilient businesses.
Written by Vanessa Williams on May 15th, 2020.
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As 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.
Written by Vanessa Williams on May 5th, 2020.
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Last 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.
Written by Greg Millar on April 27th, 2020.
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Recent global events are testing the mettle of even the most experienced leaders. What skills are necessary in this time of uncertainty? What leadership traits will help steer a business through the multitude of challenges and threats? Read on for leadership ideas which can be applied in your business.
Written by Vanessa Williams on March 18th, 2020.
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Since its inception, we have worked with Tax Traders to ensure that our clients achieve better outcomes than just paying tax to the IRD directly. Now that Tax Traders have no minimum use limits, we would like to highlight this to all Alliotts clients.
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 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 March 6th, 2019.
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The quality and relevance of financial reporting influences a manager’s attitude to financial matters. Having a good understanding and good representation of the numbers helps improve decision making and boost business performance.
Written by Greg Millar on January 14th, 2019.
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Happy New Year! Although many do possess business skills, financial acumen is rarely high among them. In this article, we list three common financial mistakes that we observe frequently.
Written by Vanessa Williams on December 3rd, 2018.
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Wish your cash flow was more predictable? Xero has teamed up with GoCardless so you can accept direct debit payments, to get your ad-hoc and recurring payments flowing without having to go to great lengths.
Written by Greg Millar on August 29th, 2018.
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As well as bringing up your profit margins, add-ons also help save you time and streamline your cash flow. Work with us to empower your business with the technology to automate mind-numbing admin tasks, and focus on what you do best. So what add-ons should be on your hit list?
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