Debt advice for sole traders
Debt can be a normal part of being in business. But it’s important to know how much debt is too much for you. Here’s how to get back on track.
News
Boosting small business digital capability
Small Business Minister Stuart Nash and Tourism Minister Kelvin Davis have announced details of a $20 million digital capability package for small businesses.
Cash and other support: COVID-19 summary for small businesses
Wage subsidies. Low-interest loans. Tax relief. Help with rent disputes. This round-up of government support helps you find what’s available for your business.
Beat the Christmas cash flow blues by planning ahead
For small businesses, Christmas can be one long cash flow headache. Here are expert tips from Deloitte to stop it turning into a full-blown New Year hangover.
Getting paid: Invoicing tips for prompt payments
The sooner an invoice is paid, the better. Here’s how to make sure you get what you are owed.
ACC Work Account levies dropping
Employers and people who are self-employed will on average pay 6.9 percent less for their ACC Work Account levy over the coming two years.
Payday filing starts 1 April
All employers need to start payday filing from 1 April. Here’s how to make the change.
Cash flow down or striving to get ahead? A loan could help.
If your cash flow is under pressure, a loan can help keep your business afloat. Lenders share their tips on choosing — and getting — a loan that suits your need
How your business can benefit the greater good
If you want your business to do more to help people or the planet, help is at hand. Try these tips, and tap into government support.
What to do when Inland Revenue calls
When Inland Revenue says your business is to be audited, be prepared and don’t panic. You may even come out with a tax rebate.
More about pay-as-you-earn provisional tax, and your questions, answered
The deadline to pay provisional tax using the Accounting Income Method (AIM) is June 28. Make sure you file before then, or you’ll miss out until 2019.
Pay-as-you-earn tax, with help from your accounting software
From April 2018, small businesses can choose a new pay-as-you-earn option, rather than paying provisional tax in instalments several times a year.
Minimum wage rises by 75c on 1 April 2018
The minimum wage is going up from $15.75 to $16.50 per hour. Here’s what you’ll need to know for your business.
Short-term rentals: What you need to know
If you’re renting out your home or holiday house over summer, make sure you know the rules on taxes, holiday rental agreements, claiming expenses and more.
KiwiSaver tips if you're aged 55+
What will you live on when you stop work or dial back on hours? Here’s how to make the most of your KiwiSaver as you get closer to dipping into this nest egg.
Contracting: Hidden costs and expenses
Make sure your contractor rate allows for things an employer would normally cover, eg holidays and time off sick. Here’s how to budget for ebbs and flows.
Save on power: new online tool for business
Could your energy use be eating into profits? EECA’s new tool tells you where you use most power and how to use less. Get custom results and easy ways to save.
In the red? Practical tips to manage debt
Many small businesses borrow money to keep on track or to grow. But if your debts are getting too heavy, check out these tips to ease your cash flow woes.
ACC motor vehicle levies fall
Driving is about to get cheaper for most vehicle owners. The ACC levy portion of the rego will fall by about 12.5% — and the petrol levy will also drop.
Retirement planning for small businesses and sole traders
What will future-you live on when you slow down or stop working? It can be a challenge to plan for this, but these tips from Sorted can help.