Business
Budget 2021 was all about big spending on benefits, health and infrastructure. With some critics saying the Government was spending too little and others saying it was racking up too much debt, Finance Minister Grant Robertson aimed to find a balance between the two....
Advice
In an ideal world, you invoice a client, you get paid and you move on. But what happens when payment is elusive and you can’t quite figure out where you went wrong? Credit control is all about managing any factors that might get in the way of payment, limiting these...
Tax
On 23 March 2021, changes to tax rules for investment properties took investors by surprise. There has been widespread commentary with more to come as the detail unfolds. In overview: The bright-line test has been extended from 5 to 10 years for properties purchased...
Assets, Trusts
The Trusts Act 2019 came into force on 30 January 2021 – your Trust must now be compliant with the new Act. The aim is to make the law more accessible and easier to understand. Most of the changes relate to Trustee obligations and strengthening the ability of...
Advice
The Government launched the Small Business Cashflow Loan Scheme (SBCS) in May 2020 to assist small-to-medium businesses affected by COVID-19. Since then, over 100,000 SME businesses have used the opportunity to access tap into cheap working capital. Around 6,500 SMEs...
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