Residential Property – the bright-line test and tax

If you’re an investor, make sure you’re familiar with the rules for residential investment property and tax.
New Tax Thresholds in 2024 Budget

The New Zealand government has unveiled its 2024 Budget with a core election promise delivered regarding tax relief of $2.57b through bracket adjustments.
With an adjustment to income brackets, tax rates remain the same but the thresholds are raised.
Streamlining Success: The Importance of Efficient Payroll Systems

Your staff is the backbone of your business. Without your hardworking, dedicated team, your operations would surely come to a standstill. This is why effectively managing your payroll system isn’t just a recommendation; it’s a necessity for all respectable New Zealand businesses. Properly paying your employees demonstrates fairness, compliance, reliability and respect for those who […]
Bookkeeping Management for Business Owners: Achieving Financial Clarity
What’s your money story?

What story have you told yourself about money? For some, money means freedom and opportunity; for others, it evokes feelings of stress and lack of control. We can help you rewrite your money story so you can achieve #FinancialFreedom
Navigating Success With A Guide: The Impact Of Business Coaching
Your Business Plan

When confronted with difficulties or adversity, creating a #BusinessPlan provides clarity and steps to overcome these. Spend time planning to ensure your business is resilient and can overcome future challenges.
Interest deductibility on property investments is now being phased in with 80% allowable from 1 April 2024

The interest deductibility rules have been a hot button issue since they were introduced. They will start to be phased out from the 2024-25 tax year as residential property investors breathe a sigh of relief.
Minimum wage increases to $23.15 per hour

The minimum wage is rising as of April 1, 2024 to $23.15. As an employer, you’ll need to keep up to date with the latest minimum pay rates and pay your employees at least the current minimum rate.
The Blueprint to Success: Proven Strategies for Continuous Business Improvement

In the challenging and fast-paced business world, staying ahead requires adaptation and continuous improvement. While many business owners focus on day-to-day operations, the most successful NZ companies understand the importance of strategic planning and ongoing refinement. This is where professional business improvement services come into play, offering tailored strategies to enhance performance, profitability and sustainability. […]