On 21 March 2022, the Small Business Cashflow Scheme (SBCS) loan amount increased to $20,000 (from $10,000). The scheme was originally introduced to support small to medium businesses and organisations struggling with a loss of revenue due to COVID-19. The eligibility criteria have not changed. Your business must have: no more than 50 full-time equivalent […]
Following a comprehensive review of the Charities Act, the Government is moving ahead with changes to modernise the legislation that will increase transparency for the public, improve access to justice services and reduce the burden on smaller charities. The review of the Charities Act commissioned by the Government was led by the Department of Internal […]
Press Release: Inland Revenue Department Inland Revenue has released its compliance focus on offshore tax transparency, together with guidance to assist tax agents in complying with the international rules. The compliance focus highlights the extensive international exchanges of information taking place as well as the new intelligence tools being used in tracking down people who […]
Started in July 2007, KiwiSaver is a voluntary retirement savings scheme to help you save for your future. Available for all New Zealand citizens and permanent residents living in NZ, it is run by independent providers who you choose to manage your savings. These providers invest their members’ KiwiSaver funds to make a greater return […]
As a small business owner, you know the importance of having someone take care of your finances, especially when doing taxes. Let’s face it, you started your own business to do what you love, not be bogged down with figures and numbers. So, have you ever wondered what the difference is between a bookkeeper […]
We’ve all heard the old adage ‘there are only two things certain in life: death and taxes, and while trying to understand your taxes might feel like it’s sending you to an early grave, fear not, we here at Accountants Plus are taxation specialists. To help you in the first step of understanding taxes, […]
We’ve been hearing the word inflation used a lot over the past few months, but what does it actually mean and how does it affect you and me? You might think that inflation just means things cost more, and in simple terms that is correct. The problem arises when your income doesn’t rise in […]
Tax time is just around the corner and this last year hasn’t exactly been an easy one for most NZ businesses. What with lockdowns, supply chain issues, and inflation, it’s nice to know that the Government understands the effect that COVID-19 has had on small businesses and is providing tax relief and income assistance […]
Everybody loves a deal, don’t they? We’ve made it through Christmas and the Boxing Day sales, next up is the New Year sales, followed by Waitangi Day deals, then Valentines Sales, the list goes on. It almost seems like consumers would be crazy to pay full price for items when they can just wait […]
Unless you’ve got a business that caters to the holiday herds, chances are you’re going to notice a slowdown of activity from Christmas through to as late as the end of February. So how do you protect yourself against the inevitable summer slowdown? Read on to discover some useful tips and strategies on planning, […]