Tax Changes

Hamish Mexted Reducing Tax

There are a few tax changes coming into effect on 1 April 2013.  Here’s a brief snapshot of what they are and how they’ll impact you and your business: Kiwisaver Contribution Rate – the minimum contribution rate is rising from 2% to 3%.  This applies for both employee and employer contributions.  If the contribution rate is already higher than 3% …

Cloud computing

Hamish Mexted Odds & Ends, Time Saving & Processes, Xero & Addons

There’s a lot of buzz around about cloud computing – but many aren’t quite sure what it is.  In short, cloud computing is using software over the Internet.  There’s a range of applications, like your Internet banking, which can help you run your business more efficiently. Cloud computing can help you in a number of ways.  Firstly, you don’t need …

Monitoring your Performance

Hamish Mexted Business Strategy & Planning, Increasing Profit

Business owners are usually pretty good at monitoring the performance of their staff (and rectifying it with a short, sharp kick…).  On the other hand, and more often than not, they’re not quite as good at monitoring their own performance. In short, monitoring performance means keeping an eye on the scoreboard to see if you’re progressing towards your targets, whatever …

Year End Tax Planning

Hamish Mexted Reducing Tax

Take the time now to minimise your tax bill for the coming year, and to budget for your upcoming payments. Your first port of call should be your accountant – get in to see them as soon as possible. It’s important to do this before the end of the financial year. If you don’t, it may be too late to …