Blog & Articles

Celebrating your team’s hard work is a year-end tradition—but have you ever wondered if your thoughtful gifts are also tax-smart? Before you pack those hampers or plan that party, let’s talk about the tax side of holiday rewards.

Christmas is meant to be enjoyable, but it can be stressful time of the year if you are a rushing to get everything done before the holiday. We have some tips to helps you to get through this period, so you can ease into a restful break this year.

What is the cost to your business when a customer doesn’t pay you? We can insure against fire and theft, and we can also insure against bad debts.

Once you have decided on which vehicle, and whether to lease or buy [i] , you’ll need to consider the tax treatment of your vehicle decision. This is largely dependent on who owns the vehicle and business usage vs private usage. [i] https://www.jdw.co.nz/choosing-a-vehicle-for-your-business

Your choice of vehicle can say a lot about you and your business, reflecting your values, personality and brand image. Beyond appearances, it's essential to consider accounting and tax perspectives that might impact your choice.

Imagine your business as a rugby team, with you as the captain. Now, imagine having New Zealand Rugby legends Ruby Tui, Dan Carter and Richie McCaw by your side. These icons would guide you, inspire you and hold your team accountable for its performance. With such experience and talent, your rugby team will thrive and win games. This is what an Advisory Board can do for your business. It can be isolating as a business owner. That’s why surrounding yourself with trusted advisors is crucial. Is it time for you to formalise the arrangement and have an Advisory Board, or will you continue to seek advice on an ad hoc basis?

The test of whether a worker is an employee or a contractor has been determined by NZ case law, most recently the Court of Appeal case with Uber, but there may soon be a clearer contractor gateway test in NZ legislation.

“I’m sorry, we must ask. We need to do our Customer Due Diligence.” Here is why we need to ask you for identity and address information.

Sometimes dubbed the Cash Flow Cycle or Cash Conversion Cycle, the Working Capital Cycle is a measure of your business efficiency. How can you make it work for you? Imagine being able to scale your business from using your working capital wisely, instead of more debt.