The end of financial year tends to put a spotlight on things tax. Having a clear understanding of your obligations and the different taxes you will have to pay is a must do! Some good information here from NZ Business Magazine for an overview. Need...
Do you rent out a holiday home on one of the many accommodation website platforms? (Think Air BnB and the like.) The GST rules (NZ) are changing from 1 April 2024. Even if you are not GST-registered the things you need to do are altering....
How well do you know what is and isn't deductible for business-related expenses? A great resource here from MBIE. Can you get 100% on the quiz? Need some guidance? There is a lot to know, and various alternate methods. Get in touch - we are...
Inland Revenue have announced the mileage rates for the 2022-2023 tax year. Check out the options. Need help deciphering which rate to use for your situation? There are a number of ways of making deductions for vehicle costs in your business. Get in touch -...
Really useful link for business owners to check out that explains the what and how to of cashflow management. Great time to evaluate the first half of the financial year's results. Check it out here. ...
Get familiar with changes already in place and more to come in 2023. Source documents still required - but less stringent rules will apply from 1 April 2023. Do you use Buyer Created Invoices - or would like to? Get more information here. And if...
eInvoicing is the digital exchange of invoice information directly between buyers’ and suppliers’ financial systems, even if these systems are different. A heap of information here to learn more on what this means for NZ businesses. At JBSL we have started using e-invoicing - get...
(Financial year that is!) Don't leave it until April or May - get ready for 1 April now. We can help you get all set up and ready to go! Leaine will have a chat with you to find out what you and your business are...
The beginning of a new calendar year is often when we plan for our business and make changes to how we will work, what we will sell, and make hiring decisions - just a few examples. A key area of this process is the cashflow...
Do you know your numbers? Can you understand your accounting reports? MBIE have got a great place to start - check it out here. At JBSL we firmly believe that all business owners need a good handle on what their financial information means. This helps with planning...