Showing posts under "Budgeting"

Understanding your profit

Dated: June 28, 2018

Survey results from participants that attended our recent cloud accounting seminars series, reported that the main item they would like assistance with is “understanding financial statements”. Given financial statements are produced at least annually (if not more frequently), business owners should in theory understand and be able to interpret their meaning. Piecing together the meaningContinue reading 

2017 NZ Budget Summary

Dated: May 25, 2017

Having witnessed the Rt Hon Stephen Joyce present his first Government Budget, we consider that it was a predictable election year budget from a centralist Government in surplus, looking forward to an election. As one would expect, the announced tax and social changes are deferred until 1 April 2018, so the current Government needs toContinue reading 

Agribusiness needs to budget for volatility

Dated: July 18, 2016

While volatility in business is to be expected, many of New Zealand’s primary producers have experienced a bumpy ride in recent years. Increased volatility driven by to swings in international commodity prices and the value of the NZ dollar is now the new normal according to professional services firm Crowe Horwath. In this context, CroweContinue reading 

No surprise tax announcements

Dated: May 1, 2016

Yesterday Minister of Finance Bill English announced the 2016 Budget with the four main areas of focus being science and innovation, public infrastructure, social investment for the vulnerable and healthcare. Many feel it is a case of “steady as she goes” with an election next year. On the tax front, there were no surprise announcementsContinue reading