Mark Gwilliam

Tax on private boarders

01/08/2009
Mark
Tax
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In the current economic climate, you may be tempted to take in some private boarders or student homestays to top up your income. This article aims to give you an overview of the tax implications if you do so. If you receive income from private boarders, including student homestays you can choose one of 2 […]

3 steps to grow your business

Small businesses can grow fast even in times of recession. Surprised to hear this? Owners of small businesses are constantly looking for ways and means to grow their business and increase their profits. Here is some very valuable information that will help both you and your business grow. 1. Customers are the key The size […]

18/07/2009
Mark
Business Advisory Services, Business Consulting
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Setting SMART goals for business is important because being SMART is the only way to be to achieve any kind of success. It could be a plan to promote a brand or achieve a sales target within a given time frame, setting smart goals is of paramount importance. Needless to say, the success or failure […]

13/07/2009
Mark
Tax
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The IRD recently amended the mileage rates that can be claimed for business use of a motor vehicle expenditure. The new mileage rates apply for the 2009 income year, ended 31 March 2009. Self employed business owners may use one of the following methods to calculate the proportion of business use of a motor vehicle: […]

06/07/2009
Mark
General
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Successful people use many time management strategies to manage and value their time. This article offers a few simple time management strategies to help you use your time more effectively. Realise that time is running out Time is a unique resource, which is finite and expires at the same rate for every single person. When it’s […]

How to spot if your business is declining

Much has been written about the current economic climate with some reports suggesting that the number of companies liquidated in New Zealand 2008 was up by 40% on the previous year. Often, one of the hardest things for any business owner is to admit that their business is declining. This article will help you spot […]

How to improve your cash flow with early tax refunds

Many rental property owners generate taxable losses for the year. The taxpayer generally has 2 options: Wait until the tax year ends on 31 March, prepare their rental property tax return and then wait up to 3 months for the IRD to process their income tax refund. If the tax refund is significant, extra scrutiny from […]

02/06/2009
Mark
Humour
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Over the last few weeks, many of our clients have expressed their deepening concern over their bank’s attitude to helping them through difficult times. During the recent good times, many of them were “courted” by their bankers to take out bigger loans; given credit cards with high limits and nothing seemed to much to ask. Money […]

How to survive the downturn

The current world wide economic downturn has, again, highlighted why small business owners must actively scrutinise their finances. Many small business owners still rely on old and/or out of date information. Last week, I recently met with a new client who had experienced a 25% decline in their sales. When I asked them about their […]

How to improve your reading speed

What if you could TRIPLE your reading speed in under 60 minutes? That was the question Dr Michael Masterman asked me to consider — when he sent me a review copy of his new speed reading audio course three months ago. And you won’t be surprised to hear that I didn’t believe it! Now, I’ve […]