Synergy (noun) – “The interaction or cooperation of two or more organisations, substances,or other agents to produce a combined effect greater than the sum of their separate effects.” James Alexander and Alex Ward are clear on one thing; a foundation of their success in business is their complementary skills. Since starting Synergy Flooring nearly two […]
From 1 December 2019, offshore sellers (including electronic marketplaces and re-deliverers) will be required to register and charge GST at 15% on supplies of low value imported goods if sales to New Zealand private consumers in a 12-month period exceed $60,000. This has often been referred to by the media as the Amazon tax. The […]
With a number of new government policies and initiatives taking bite, businesses are facing a new, more challenging environment. The latest ASB business confidence survey showed business confidence was at its lowest level since March 2009, with New Zealand business confidence falling to more than a 10-year low in the quarter to June 2019. Across […]
Resilience, innovation and sheer Kiwi determination – that pretty much sums up FlexiDRILL’s evolution from business start-up drilling contractor to international market leader in magnetic and mechanical induced vibration drilling equipment for the mineral extraction industry. Bruce Munro is a man of business. He sits on a number of boards of directors and manages a […]
It’s easy to see how someone could get hooked on the business of coffee… once you understand the journey from green bean to cup, it leaves you hankering to learn more. At least, that’s how it happened for Chris White, founder of the gold-standard coffee wholesaler Altura Coffee Company Limited. His father wouldn’t let him […]
With the new financial year almost upon us, there’s not much time left to ensure you have your ‘house’ in order for 31 March. Our 40-point checklist below will guide you through the year-end process and ensure you maximise your tax deductions and minimise your annual tax bill. Assets Assets purchased costing $500 or less […]
By Hayes Knight – 13 March 2018 Want to reduce your tax bill? With a new financial year about to start for 31 March balance date businesses, now is the time to start planning for year-end. The checklist below will help guide you through the year-end process and show you how to maximise your tax […]
Not only have residential investors recently been hit with the extended 5-year bright-line test, the new loss rules will mean many residential rental property owners may struggle to cashflow the costs of owning the property. Draft legislation has been released proposing the ring-fencing of residential rental losses to be in place, in full, from the […]
By Shelley-ann Brinkley – 14 November 2018 To encourage more business expenditure on R&D, last month the Government introduced draft legislation proposing a new tax credit for eligible R&D expenditure. The credit will apply from the 2019-20 income year and will be administered by Inland Revenue with support from Callaghan Innovation. While businesses will not […]
Synergy by name and by nature
For all those online shoppers out there – A reason to shop early this Christmas
Dark clouds on the horizon
Magnetic Appeal
