BDS Chartered Accountants

Has AI crept into your business?

admin — Sun, 11 Oct 2026 22:38:16 +0000

AI adoption doesn’t always happen through a carefully planned rollout. It can start with someone using ChatGPT to polish an email, Copilot to summarise a document, or an AI transcription tool to take meeting notes. Before long, AI will be part of how your business operates, whether you’ve formally decided how it should be …

The post Has AI crept into your business? appeared first on BDS Chartered Accountants.

Operating at a loss? Here’s what you need to know

admin — Sun, 11 Oct 2026 22:27:21 +0000

Operating at a loss isn’t always a sign that something’s wrong. It can happen when you’re finding your feet, investing in growth or changing direction. But if your business is consistently spending more than it earns, it’s time to find out why. What’s behind the loss? Cash flow. If payments are consistently coming in …

The post Operating at a loss? Here’s what you need to know appeared first on BDS Chartered Accountants.

Halfway there: How are your finances tracking?

admin — Sun, 11 Oct 2026 22:26:18 +0000

If your financial year ends on 31 March, you’re halfway through: six months of data to review, and six months to address any issues before year-end. 1. Review your numbers How does actual revenue compare with your April budget? If it’s up, look at what is driving that growth. If it’s down, work out …

The post Halfway there: How are your finances tracking? appeared first on BDS Chartered Accountants.

New Zealand’s health and safety law is getting simpler

admin — Sun, 11 Oct 2026 22:25:23 +0000

If managing health and safety has ever felt like a lot of paperwork for relatively minor risks, you’ll want to know about the upcoming changes. The Health and Safety at Work Act has been amended to put greater emphasis on workplace risks that could cause serious harm, with the new rules taking effect from …

The post New Zealand’s health and safety law is getting simpler appeared first on BDS Chartered Accountants.

Start planning your Christmas spending now

admin — Sun, 11 Oct 2026 22:24:18 +0000

Holiday spending can feel a little murky when you’re running a business, particularly when it comes to gifts, bonuses and entertainment. What’s deductible? What attracts FBT? And what counts as income? Here’s how some of the most common festive expenses are treated. Client gifts Food and drink (think wine, chocolates or a Christmas hamper) …

The post Start planning your Christmas spending now appeared first on BDS Chartered Accountants.

What you need to know about restructuring your business

admin — Mon, 21 Sep 2026 21:28:37 +0000

As Kiwi businesses continue to face rising costs, high interest rates, and cautious consumer spending, many are reviewing their operating models. For some, that means restructuring. If you’re considering changes to roles or staffing levels, it’s important to understand your obligations as an employer. Here’s what you need to know about restructuring your business …

The post What you need to know about restructuring your business appeared first on BDS Chartered Accountants.

Budget 2026 – Tax update for Companies being removed from the Register

admin — Mon, 21 Sep 2026 21:28:20 +0000

Has your company been struck off, or is it looking to be removed from the Companies Office Register? Be aware that the most recent Budget affects company shareholders, directors and associated persons with outstanding loan balances where a company is removed from the Companies Office Register. If the loan is still owing six months …

The post Budget 2026 – Tax update for Companies being removed from the Register appeared first on BDS Chartered Accountants.

Making the most of the 90-day trial

admin — Mon, 21 Sep 2026 21:28:16 +0000

Hiring the wrong person can be expensive, which was one of the arguments for reintroducing 90-day trial periods in December 2023. The key is not to view the trial period as a safety net, but as an opportunity for both you and your new employee to make sure the role is the right fit. …

The post Making the most of the 90-day trial appeared first on BDS Chartered Accountants.

Heads up: Proposed changes to the Holidays Act

admin — Mon, 21 Sep 2026 21:28:04 +0000

The Employment Leave Bill is currently making its way through Parliament and, if passed, will replace the Holidays Act 2003. The proposed legislation includes several changes to the way leave is taken and paid. Leave entitlements under the new Bill… Annual and sick leave would accrue in hours, starting from an employee’s first day …

The post Heads up: Proposed changes to the Holidays Act appeared first on BDS Chartered Accountants.

Diversity is good for business. Here’s how to make it work.

admin — Mon, 21 Sep 2026 21:27:13 +0000

Diversity discussions often centre around fairness and inclusiveness, but a lesser-known fact is that it is also excellent for your bottom line. Different people approach problems from fresh angles, spot opportunities others might miss, and challenge assumptions that lead to groupthink. You don’t need to become an expert in personalities, generations, or neurodiversity to …

The post Diversity is good for business. Here’s how to make it work. appeared first on BDS Chartered Accountants.