General

Times They Are A-Changing…For Trusts

The way in which New Zealanders manage trusts is changing due to reforms to trust law reflected in the Trust Act 2019 (replacing the Trust Act 1956). The good news is the reforms governing trusts and the duties of trustees are effective from 30th January 2021. New Disclosure Rules One of the major changes under

2019-10-21T11:04:04+12:00October 21st, 2019|General|

Beware Of The Impact Of Pricing Strategies

Choosing a pricing strategy can be one of the most important decisions a business owner makes. It is intrinsically linked to income, profitability, sales volume and market share, and can ultimately affect the life of a business. It can be difficult to decide which pricing strategy best fits with your business model: premium pricing, penetration

2019-09-16T11:16:56+12:00September 16th, 2019|General|

The West Worx: Supporting Employment And Enterprise In West Auckland

While a number of areas of Auckland have experienced economic growth, parts of West Auckland haven’t shared in this prosperity. People in these areas have been left behind by successive economic and social reforms, automation of work, globalisation and other impacts on the labour market. Over the past three years The Southern Initiative (TSI) has

2019-08-19T14:43:20+12:00August 19th, 2019|General|

Insurance For Home Businesses

One of our previous articles, “Running A Business From Home”, discussed some of the pros and cons to running a home-based business, including the need to review your home insurance policy. If you have a home office or any type of business where you are selling a product or service from home, you need to

2019-08-14T11:57:08+12:00August 14th, 2019|General|

Pathways To The Future Trust: Recipient Story

At the end of last year our Audit Director Bhavin Sanghavi was elected as the new Chairman of Pathways to the Future Trust, which recognises and rewards young employees who contribute to the success of a business. Bhavin is really enjoying his new role as Chairman, which includes learning about the Pathways to the Future

2019-08-05T12:05:57+12:00August 5th, 2019|General|

Phasing Out Single-Use Plastic Bags

Back in December the government approved a mandatory ban on single-use shopping bags. The regulations take effect from 1st July 2019, so if you haven’t already done so now is the time for your business to use up any existing stocks of plastic bags and begin to source acceptable alternatives. The single-use plastic bags which

2019-03-20T09:53:49+12:00March 20th, 2019|General|

Learning From Customer Complaints

A customer who complains… your worst nightmare? Wrong! While a one star negative online review, heated phone conversation or in-store rant is something no business relishes, your customer is actually doing you a favour. Rather than voting with their feet and silently taking their business elsewhere, they are actually giving you a gift. Within reason,

2019-02-12T12:40:18+12:00February 12th, 2019|General|

Pathways To The Future Trust: New Chairman Bhavin Sanghavi

Established in 2007 as a joint venture of the Rosebank Business Association and the Rotary Club of New Lynn, Pathways to the Future Trust rewards the efforts of young employees who demonstrate talent, leadership and initiative within their employment roles. Recipients are awarded grants towards vocational courses, text books or tools to assist them in

2018-12-06T08:54:12+12:00December 6th, 2018|General|

Running A Business From Home

With an estimated 97% of New Zealand enterprises classed as SMEs and 70% of Kiwi businesses operating as sole traders, small businesses dominate our country’s industries. Many small business owners choose to run their business from home, which can present different benefits and challenges to running a business from separate premises. Here we take a

2018-11-05T09:44:24+12:00November 5th, 2018|General|

2018 Budget Commentary

Issued 18th May 2018 The 2018 Budget was announced on 17th May 2018. This year our UHY Haines Norton commentary will summarise the main tax areas affecting business. This year’s Budget does not propose significant tax reform. However, the Budget makes reference to the Tax Working Group (TWG) which will be reporting back to Government

2018-05-18T12:54:30+12:00May 18th, 2018|General|

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