New Tax Rates Budget Updates
June 3, 2024
The New Zealand government has unveiled its 2024 Budget with a core election promise delivered regarding tax relief of $2.57b through bracket adjustments.With an adjustment to income brackets, tax rates remain the same but the thresholds are raised. Here at JBM we have ...
Do you review your financials? You should!
August 6, 2020
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking the time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense ...
COVID-19 Government Support
April 16, 2020
Covid-19 Wage Subsidy - Feel free to read the FAQ Document below
The Government has stepped up to assist employees by providing a wage subsidy scheme for which all employers can apply. Provided they meet certain conditions, employers can receive $585.80 for employees working 20 hours or more per week, and $350.00 for employees working les...
Hubdoc
October 24, 2019
Save yourself time, money and the precious space in your handbag/wallet!
It's a common scenario we find. Asking for a receipt or invoice that is either misplaced or lost within the never ending storage system we call the "handbag".Or the annoying accountant when you get to year end is asking you for hundreds of invoices and bank statements to val...
Working from home and like free money?
September 11, 2019
If you have a home office for your business, you should be able to claim some of the running costs. It’s important to be aware of what you can and can’t claim, and the record-keeping involved in making a claim. However the IRD also know this and have this year released a...
The importance of tax planning for cashflow
September 11, 2019
Paying tax is something you’re likely to see as a necessary (but not hugely enjoyable) part of running your business. But are you doing enough to plan your own personal tax liabilities?Tax is often the last thing on someones mind when they sign a new client or make a big d...
5 key things to get right when starting a business.
September 11, 2019
Starting your own business is a BIG leap of faith. Will you find any customers? Will you make enough income? These are questions that any founder will ask themselves. We definitely asked ourselves those questions a few years ago.But with the right planning, preparation and s...