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Expert tips for starting a business
There’s no magic formula for starting a successful small business, but the better your decisions early on, the better your chances. We’ve asked experts for their tips. Starting out People start their own businesses for various reasons, and everyone sets out to succeed. But even with dedication and the best of intentions, the majority of new businesses still don't make it past the ...
Changes to the Employment Relations Act
Some employment law changes came into effect in December 2018, and more changes are coming in May 2019. Check how they impact you. When: 12 December 2018 What: Changes to the Employment Relations Act now in effect include the following: Union representatives can now enter workplaces without consent, provided the employees are covered under, or bargaining towards, a collective agreement. Pay deductions can no ...
Tax Talk Newsletter Summer 2019
Family Business Planning Over Summer - The summer holidays offer a good opportunity to get together and discuss plans for your family business. But there are some rules you should follow to make sure it’s only the barbeque that gets heated! Dinner discussions: Why they're important Working in any family business – where two or more family members work in a business owned ...
Hobby or Business?
You sell the odd hand-knitted scarf to friends, or maybe you sell your knitwear every week at local markets. Regular sales can mean you’re in business, and have tax obligations to fulfil. Questions to ask yourself It's important to understand the differences between a hobby and a business. A small side hustle you’ve been doing for years could be classed as a ...
Owner-operators: Tips to beat isolation
Being a solo operator can be isolating, and it can sometimes feel like your work is your life. It doesn’t need to be like that. Read on for tips to help you feel more connected. Support when you want it There’s a lot to be said for being your own boss. Going it alone means you control your business – and all ...