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2020 Budget - Highlights

The Government's response to the COVID-19 pandemic plays a big part in the 2020 Budget. This year's budget focuses on injecting funds into the economy to create and sustain employment. As Finance Minister Grant Robertson states "this budget is about jobs". The budget has a...
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Simple tips for onboarding new employees

Simple tips for onboarding new employees The first day of a new job can be overwhelming for new employees. There are company policies and procedures to absorb, colleagues to meet, and job duties to learn. That stress can make the first few days of...
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Pay your taxes by cheque?

Pay your taxes by cheque? *Five new ways to do it.* If you normally write a cheque to pay for your taxes, it’s time to decide how you will pay in the future. As of 1 March 2020, the IRD will no longer be...
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Reminder: Rental losses ring-fenced from 2019/2020 tax year

Reminder: Rental losses ring-fenced from 2019/2020 tax year *The new law on ring-fencing rental losses is now in force, which means:* In most cases ring-fenced deductions will be carried forward and can only be used against residential rental or sale of property income in...
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10 inspirational podcasts for busy business owners

10 inspirational podcasts for busy business owners Spend a bit of time commuting or travelling for work? Podcasts are the new radio. Here are 10 free series that will educate and entertain whether you’re going long distance on a sales trip or stuck in city...
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A Modernisation of Trust Law

A Modernisation of Trust Law As of 30 July 2019, the Trusts Bill has now become the Trusts Act 2019. The Act comes into force from 30 January 2021. We have outlined the major changes to be aware of.  *1.* The Act Outlines mandatory duties for Trustees *2.* Trustees must...
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Why you should be using two factor authentication

Why you should be using two factor authentication  For small business owners, the risk of data breaches and fraud is high, so taking all the necessary steps to protect your sensitive data is a must.  Unfortunately for many entrepreneurs the decision to increase their company’s...
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Three innovative tips for finding employees

Three innovative tips for finding employees We all know the usual process for finding new employees. Advertise a job. Read resumes. Conduct a telephone interview. Conduct a face-to-face interview. Choose someone. The steps to recruiting new talent have been the same for decades, leaving many...
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IRD Update: Moving on from cheques

IRD Update: Moving on from cheques From 1 March 2020, the IRD will no longer accept payment by cheque or cheques dated after 1 March 2020 from customers who are able to pay another way.  Fewer and fewer customers pay by cheque every year. There...
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Three Reasons to Focus on Fantastic Customer Service

Three Reasons to Focus on Fantastic Customer Service Small business owners know that having loyal customers is an important part of business success. One of the best, and easiest, ways to do that is to have outstanding customer service. People think positively of companies...