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How small businesses can use tech to be more productive

Technology offers huge opportunities for all businesses – not just the big ones. There are many ways you can use tech to help you work smarter, not harder. Here are some ideas for your business. It’s not as hard as you think You might think new technologies are out of your reach – too complicated, too expensive, and too hard to implement. ...

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Do your business a favour: ONECheck it

Now easier to use and with better search results, the new ONECheck has launched. With more than 1.5 million searches on the original tool, this version is even more helpful, allowing you to check business names, trade marks, web domains and social media usernames in one simple search, and guiding you to your next steps. The benefits of ONECheck Choosing a name ...

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The Families Package - what does it mean for your employees?

The Families Package - what does it mean for your employees? The Families Package is a collection of changes aimed at assisting New Zealand families and helping children get the best start in life. These changes come into effect on 1 July 2018. The Families Package includes a number of changes: the introduction of the Best Start tax credit, and the expansion of ...

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Bright-line Property Rule has changed

The bright-line rule changed on 29 March 2018. This rule applies to residential property only. To make informing you easy, we’ve created a bright-line web page for people who buy, sell or transfer property. Please share this link with people who may be interested: ird.govt.nz/brightline. You can also use the information on this webpage to create content for your client communication channels, like ...

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Sale and purchase of a business – common tax issues

When buying or selling a business, tax is treated differently depending on whether the sale is an assets sale or a share sale. There are often tax implications if either party gets it wrong, so it's best to talk early with a professional tax advisor to make sure you get it right. The information here is a high level overview ...

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Pay-as-you-earn tax, with help from your accounting software

From April 2018, small businesses, sole traders and contractors can choose a new pay-as-you-earn option, rather than paying provisional tax in instalments several times a year. This signals a shift in focus for accountants, freeing them up to help clients make good decisions about their finances and future direction.   What's new What: Inland Revenue is introducing the Accounting Income Method (AIM) so your ...

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Laws that changed in 2017

From contractors’ tax to Easter trading, hazardous substances to ACC levy changes and more, it’s been a big year for business-related law changes. Here’s a summary — check it out to make sure you are across any new rules that apply to you. Each law change section has links to more information. Minimum wage rates rise When: 1 April 2017 What: The adult ...

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Claiming expenses when away on business

You can claim for lots of daily expenses when you’re travelling for work. If you take a holiday as part of the same trip, you can only claim for the parts of the trip that were work-related. What you can claim In general, when you’re away from home you can claim for: flights taxis, or mileage if you use your own car for business ...

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Smile, it’s good for business

What do Winston Peters, Jacinda Ardern and Bill English (and John Key before him) have in common? When they see a camera, they almost always smile. Smiling is most important when selling. And like all good sales people, politicians are constantly promoting their product. Here's an example of a winning smile. Jane’s father was dropping her off at school. She was ...

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How does your cyber security rate?

Cyber crime is rising and studies show many New Zealand businesses aren’t equipped to handle it. Take this self-assessment to see how your cyber protection stacks up — and get tips for fighting off attacks. Cyber risks rising More than a quarter of New Zealand businesses faced a cyber attack in the past year, according to Grant Thornton’s International Business Report survey. Number ...

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