Inland Revenue has implemented stricter guidelines for cryptocurrency tax compliance, reflecting a global trend toward more rigorous regulation of digital assets. New Tax Guidelines The updated guidelines clarify that nearly all transactions involving cryptocurrencies are subject to tax. This includes (but may not be limited to): Selling Cryptoassets for Money
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to you, then here are 6 reasons
Since businesses have existed, business owners have asked the question, Who is my ideal customer? Advertising copywriting icon, David Ogilvy, wrote about “man's unchanging needs”. What he meant by this was that no matter the time or circumstances, consumers had and were driven by, an unwavering set of needs. These
Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your spend levels? And what impact will this have
Networking is a great way to connect with your industry peers and become an asset to your local business community. We’ve got some top hacks for getting the most from your networking. Leading a business can be hard work. But the good news is that you're not the only founder,
Using your cloud accounting software to just do the bookkeeping barely scratches the surface. Here are four important ways to get more from the cloud with a bespoke tech stack. If you’re managing a small business, the chances are that you’re using one of the current crop of cloud accounting
Turning a profit will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming in. So, how can your accountant help with this?
The new year is a new beginning. It's an ideal time to reflect on your aspirations and consider setting or redefining goals and challenges for the year ahead. Setting goals is an essential part of personal and professional growth. These could be lofty goals, or even setting out a plan
A business without a plan is like a car without a steering wheel. Read our guide for writing a business plan and find out the major benefits of having a detailed roadmap to follow. Your business plan is the sat-nav that keeps the company moving in the right direction. Having
Investing in property can be a great way to grow your wealth over the long term. What are the advantages and potential disadvantages of residential versus commercial property – and can you still invest in property if you don't want to be a landlord? Kiwis love investing in property, and
