Do you file and pay all of your GST, PAYE and FBT returns electronically? If not, to encourage you to do so, Inland Revenue are changing the long-standing practice of treating payments as being received on the date the envelope is postmarked to when they arrive at the IRD. The…
Budget 2014 – Things you need to know
The Government has had to deal with unforeseen challenges, notably the 2010-11 Canterbury earthquakes. The rebuild is generating an economic boost, which along with the continued economic growth in Asia particularly the resilience of the Chinese economy, now New Zealand’s biggest trading partner, has New Zealand outperforming most of our…
Family Trusts – Pros and Cons
The pros and cons of Family Trust Having a trust gives you confidence that there will be assets left to those who are important to you, structure your affairs effectively for tax, prevent unwelcome claims against your assets, and help maintain the confidentiality of your affairs. You transfer legal ownership of…
The New BDS
As many of our clients have seen through the various social media channels, we at BDS have recently undergone a rather dramatic change, with more expected in the coming months. With our new branding, and commitment to ensuring we deliver on our promise to add value, we have realigned our…
Insights from your Profit and Loss account
Most small business people would agree that their Profit and Loss account (now more correctly called a Statement of Financial Performance) is among the easier – if not the easiest – financial document to understand. It’s typically presented in two parts. The top half of the statement reveals the…
10 more quick growth tips for small business owners
Help grow your business through collaboration, expansion, improved marketing and some of the following quick tips. 1. Improve your customer service Businesses with good customer service retain consumers and attract new business through word-of-mouth. Even if you think you’re already providing good service, make it a priority to provide…
10 quick growth tips for your small business
Small businesses can grow in boom times as well as periods of difficulty by working smarter and taking advantage of opportunities. Put these following effective tips into practise to help grow your business. 1. Utilise new technology Modern technology can save you time, improve productivity and reduce your operational…
