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NZ Adventures
One of our core values is 'Connect'—and as our name suggests, it truly speaks for itself! Fostering a connected team is essential to delivering exceptional service to our clients. We were thrilled to host our team from the Philippines in February. Providing them with an understanding of our lifestyle and culture is crucial for building stronger relationships with our clients.
Innovation in Business Lending
We’re seeing a number of businesses struggling with cashflow this year, sometimes because customers are not paying promptly, sometimes because growth strategies always need upfront investment. The most common form of working capital finance has traditionally been bank overdraft secured over the business and director guarantees, but there are some new players on the block.
The Airbnb Tax - GST on Online Marketplaces
If you provide services through an online marketplace (i.e. a website or an app like Airbnb, or Uber) from 1 April 2024, the online marketplace will collect and return GST on the sale.
Anne's Big News
Our founder, creator, chief strategist, early adopter, and resident hair colour guru, Anne Stephenson is set to hang up the tools at the end
of the month. Mostly!
Anne will remain involved in a part-time capacity (one day per week), working alongside the team on key strategic projects.
In her words “I’m not disappearing off the face of the earth, but will be helping the team with advisory work, and helping NZ
businesses continue to thrive - the fun stuff”.
Trust Tax Rate Webinar
In this webinar we cover a timeline of Trust Law in NZ, the key changes included in the Trust Act 2019, what you need to know is changing, and what you may need to be doing.
Trust Tax Rate Increase
Back in May 2023, the Labour government announced that the tax rate for Trusts would increase to 39% from 1 April 2024. At the time the top
personal tax rate was increased to 39% back in 2021, the government signalled that if they found signs that Trusts were being used to avoid
the higher tax rate, then they would take action. The new government has said they will continue with this tax increase and are unlikely to
reduce trust tax rates within their first term.
Cyber Security
We’ve all heard the buzz words “AI” and “Chat GPT” floating around the last year with regards to new advances in technology. It’s the rise of artificial intelligence which serves as a reminder the importance of have good cybersecurity habits in your business. But what does it all mean? And what impact can a cyberattack have on your business?
2023 Economic Trends: SME Insights
As we enter into the new year, it's important for small business owners to be aware of the economic trends that may impact their operations. Despite inflation likely past it's peak in 2022, we expect it to hang around in 2023 with several implications for small business owners
Departing words from Devoe
After 5 years with Connected Accountants, Devoe is taking the next step in his career overseas in London. Read through his reflection on what has made a difference in his five year journey with Connected Accountants.