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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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Applications for first COVID Support Payment now open

Posted by Vanessa Williams on February 28th, 2022.      0 comments

Graphic for a website page- CoronavirusApplications for the first COVID Support Payment have opened and can be made through myIR on the IRD website.
 

New Financial Support for Businesses affected by Omicron

Posted by Vanessa Williams on February 22nd, 2022.      0 comments

Graphic for a website page- CoronavirusThe Government has announced new financial support for businesses affected by Omicron.
 

7 Best Practices in Digital Transformation of a Business

Posted by Greg Millar on February 14th, 2022.      0 comments

7K0A0597-174Most business leaders agree that branding is important in business. Given the opportunity, they’d like to strengthen their brand to generate more leads, grow sales and increase customer loyalty. How do you ‘strengthen a brand’? It can get murky at this point... so let’s take a closer look.
 

SME cyber safety

Posted by Greg Millar on December 6th, 2021.      0 comments

nimbus technology computer-security2-768Is the widespread adoption of remote work, and the accelerated (sometimes rushed) rollout of digital and cloud technologies to ensure continuity putting your business' cyber safety at risk?

 

New Transition Payment Announced, Final Wage Subsidy & Resurgence Subsidy

Posted by Vanessa Williams on November 30th, 2021.      0 comments

Graphic for a website page- CoronavirusThe Government has announced a one-off transition payment for businesses as we move to the COVID-19 Protection Framework and the Resurgence Support Payment and Wage Subsidy Scheme will continue to be available to businesses anywhere in New Zealand until 2 December 2021.
 

The Great Attrition

Posted by Vanessa Williams on November 2nd, 2021.      0 comments

coffeeThere’s a lot of talk about the impact of ‘remote work’. What does this mean for businesses? What should leaders be thinking about?  
 

7 Ways Leaders Inspire Change (in Challenging Times)

Posted by Greg Millar on October 18th, 2021.      0 comments

7K0A0597-174Usually, employees get behind new initiatives, especially where a proposed change makes sense to them. But encouraging change in an environment of uncertainty or where the rationale is unclear tests the mettle of leaders. 
 

Team attraction and retention

Posted by Vanessa Williams on September 13th, 2021.      0 comments

7K0A0597-174Whether you’re looking to expand and hire, recruit to replace, or keep your hotshots in-house, here are our top tips for getting and keeping a skilled workforce.
 

The Evolving Role of Leadership

Posted by Vanessa Williams on August 30th, 2021.      0 comments

race-341How are the leaders in your business doing? Perhaps they are thriving in these business conditions or maybe a different approach is required. In this article, we look at some leadership skills which are proving to be really valuable as businesses find a path forward this year and beyond.
 

Small business cashflow (loan) scheme changes

Posted by Vanessa Williams on November 16th, 2020.      0 comments

IRD iconThis month the Government announced changes to the Small Business Cashflow (loan) Scheme. Our article provides you with information on these changes.
 

Business Resilience Vision and Goals

Posted by Greg Millar on July 27th, 2020.      0 comments

Screenshot 2019-05-02 08Leaders of resilient businesses recognise the importance of a powerful vision statement to focus the activities of management, the broader team, customers and other stakeholders. With the vision in place, they can set short-term and long-term goals and then measure progress. But what happens after a period of upheaval in the market? There will probably be unforeseen challenges and opportunities so leaders need to react decisively. Use our guidelines in this article as you consider the best direction for your business.
 

Reducing staff numbers

Posted by Ross Henderson on June 2nd, 2020.      0 comments

Graphic for a website page- CoronavirusEmployers and employees must discuss in good faith the implications of COVID-19 on their working arrangements. Where changes to current working arrangements are proposed by an employer, there are specific good faith requirements that must be followed. Any changes made should follow consulting with employees and their representatives, providing time to respond to proposals and considering their comments.

 

Important IRD message for Businesses

Posted by Vanessa Williams on May 25th, 2020.      0 comments

IRD iconClarification from NZ Inland Revenue on an article that was published by the NZ Herald this month.
Topics: employees , IRD, tax
 

NZ Wage Subsidy Q&A

Posted by Vanessa Williams on March 26th, 2020.      0 comments

Graphic for a website page- CoronavirusWe answer common questions about the NZ Wage Subsidy for employers.
 

COVID-19 employer support

Posted by Greg Millar on March 18th, 2020.      0 comments

Graphic for a website page- CoronavirusThe NZ Government has compiled Wage subsidy and Leave Payment available to support employers affected by COVID-19. The subsidy is being administered under a high trust model and employers will not be asked for verification before the subsidy is approved. However MSD will have the ability to check applications and verify information at a later date.
 

Prescribed interest rate decreases

Posted 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.
 

Cyber policies should cover these points

Posted by Greg Millar on September 2nd, 2019.      0 comments

check tick-407-962Continuing our focus on cybersecurity, we list 10 cyber policies and nine governance questions for business owners.
 

Cybersecurity and whaling

Posted by Vanessa Williams on August 14th, 2019.      0 comments

privacy keyboard-613More than a baker's dozen of education points about the practice known as 'whaling' and processes to adopt as your organisational and personal cybersecurity checklists.
 

Rates for business use of vehicles

Posted by Greg Millar on July 17th, 2019.      0 comments

calculator ledger-516If 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.
 

SmartPayroll email fraud

Posted by Greg Millar on May 20th, 2019.      0 comments

scam-701-357SmartPayroll 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.