Mark Gwilliam

3 Simple Tax Planning Strategies

Planning for and paying your tax is not as straightforward as you might think as there are a number of different ways to ensure that your business is using the most optimal aspects of the tax system. There are a number of strategies that you can use in order to manage your tax and minimise […]

Business Advisory Services Tips – How To Choose An Accountant

It’s difficult to find a reliable chartered accountant—so difficult that it is becoming a standing joke in the small business fraternity. Trying to identify a suitable chartered accountant is difficult as there is often too much information around to narrow down your options. Here is some guidance to help you choose one with the right […]

13/04/2013
Mark
Business Advisory Services, Uncategorized
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Since the economic market became tougher in 2008 it has become much harder for small business owners to remain enthusiastic about their businesses. To lead their businesses through these tough times, business owners have had to ask themselves some tough questions to keep things fresh and exciting. When things are going well, business owners only […]

06/04/2013
Mark
Business Advisory Services, Information Technology
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How often do you wish had a way to achieve much more but with less? It’s time to stop wishing – here are 5 tools that I have found useful to make my life easier. Say goodbye to password frustration! LastPass is a tool that I have personally used for several years. If you’re like […]

The Successful Entrepreneur’s Mind-set

Following on from last week’s article about adopting an Olympian’s mind-set in business, we should consider a similar correlation with how to become a successful entrepreneur. With the right mind-set, anyone can become a successful entrepreneur. The question is: Do you have one? What makes a successful entrepreneur? Let’s start with a simple definition for […]

Essential tax implications of employee and contractor agreements

The IRD’s recently updated guidelines on determining employment status for tax purposes serves as a timely reminder that establishing your tax status is essential. Are you an employee or contractor? Let’s discuss this in more detail. If you’re engaged to carry out work, your employment arrangement may have significant implications for tax purposes. It’s essential […]

7 ways to give your business Olympic success

Unless you’ve been on Mars, you’ll know that the 2012 Olympic Games in London are fast approaching. Have you ever considered that you could use the same model for your business? What can the Olympic Games teach you about running a successful business? You should be striving for Gold in your own business. I don’t […]

Will you run the gauntlet with the IRD?

Bill English announced in his recent Budget that he was giving the IRD an extra $78.4m over the next four years to fund increased audit activity. This is likely to have disastrous consequences for those small business owners who keep poor accounting records and have prayed they have stayed “under-the-radar”. The IRD has begun to […]

Are you funding your customers’ cash flow?

No business can afford to ignore its cash flow. And it’s a sad fact that many business owners with profitable enterprises – even those with healthy sales & good record keeping – watch in horror as their bank balances plummet. In these hard economic times, this can mean the difference between a business surviving or […]

Terminal Tax Due Dates

We receive a number of queries at this time of year from people trying to understand the due date for their terminal tax. The majority of income tax payers in New Zealand have a standard balance date of 31 March, which means that their terminal tax is due by: * February 7 2012 if their […]