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In 2021, new lending restrictions came into effect under the CCCFA - and immediately there were stories of people being declined loans for what seemed like trivial reasons.
In March, the Commerce Min...
In April 2022 the Government proposed new trust disclosure rules. These new rules were then passed into law 5 days later. The new rules allow the Inland Revenue to collect consistent data so that they...
In 2021, Inland Revenue increased the top tax rate to 39%. That rate is higher than both the 28% tax rate for companies and the 33% tax rate for trusts.
The new tax rate concerns Inland Revenue, beca...
We see many business owners, who work tirelessly in their businesses and are excellent at what they do, neglect their strategy and execution plans. Itâs the old adage: Iâm too busy working in my busin...
You've had your initial business idea and written a plan. But do you know WHY you're creating this business, or HOW youâll deliver your end product/service? What will the company's underlying purpose ...
When youâre a small business owner, sole trader or freelancer, asking for payment on overdue invoices can be a delicate matter. Without an accounts person or department, sometimes youâre trying to sec...
At the Red all businesses can have staff onsite, provided those staff and the business meet the operating guidelines for their sector at Red. But if a staff member tests positive for covid-19, shows s...
Changes have been made to the Small Business Cashflow Loans Scheme to increase the amount of funding available to eligible businesses through the introduction of a âtop upâ loan.
The top up loan will...
Landlords and suppliers can sometimes ask you for a personal guarantee on a contract.
Unfortunately, that could mean that if something goes wrong, you have put your house at risk. Here are a few ways...
Invoice fraud is on the rise, but you donât need to leave yourself vulnerable to scammers, E-invoicing is the secure way to send and receive invoices, backed by a government platform.
Is your busin
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The Small Business Cashflow Scheme is still going and your business could be eligible for an interest-free or low-interest loan, backed up by the Government. This could be a good way to get your busin...
Can you afford to become the Bank of Mum and Dad and help your child buy a house? There are plenty of ways to assist, from a gift to a loan to rent-free cohabitation â which one could be right for you...