April 23, 2020
The Government has announced various relief measures in recent weeks to assist businesses affected by the impact of the Covid-19 virus. The uncertain nature of the current situation has resulted in business conditions that are constantly and rapidly changing.
February 4, 2020
Once you have your business plan, budget and cashflow planning in place, you are then well prepared to measure your financial results and the key drivers of your business.
March 20, 2019
Are you on task? Above the Line (In the Blue) or below the line (In the Red). It was great having Renzie Hanham and Andrew Hastie from Nexia New Zealand present at our latest Knowledge Sharing Seminar. One of the key messages from Renzie was ‘where your attention goes, your energy flows’.
March 4, 2019
Nexia New Zealand continues to grow, and we are always looking for great people to work with our great clients. We are definitely excited to have Philip Goodman join the team. Philip is an Associate whose focus is to understand an entities performance and then help them to develop a plan using financial and non-financial metrics to achieve desired goals. Measuring success is different for everyone, so Philip enjoys getting to know your business, its environment and finding pragmatic solutions to achieve your goals.
January 17, 2019
The Pūkeko Centre have been selected as a semi-finalist for the Mitre 10 Community of the Year in the 2019 New Zealander of the Year Awards. The Centre is a multi-use sports and recreation hub providing facilities for a range of organisations, clubs and groups.
March 1, 2018
Many building owners in Canterbury may have taken the opportunity to defer tax adjustments that result from earthquake tax concessions. This would have occurred when earthquake insurance proceeds were paid for the full value of a building, as the receipt of insurance proceeds would have been deemed to have been an asset sale. After an asset sale occurs a tax adjustment called “depreciation recovered” is often made, which increases income in the year of sale. Shortly after the Canterbury Earthquakes the...
February 22, 2018
Mainland Football is the second largest Football Federation in New Zealand, boasting 51 member clubs and more than 21,000 registered players in Football and Futsal. While the game has come along leaps and bounds in recent years, the challenge is to keep it growing in a world in which people view community sports very differently to how they used to. Chief Executive Julian Bowden talked to NEXT about the challenges facing community football in NZ. In a market like New Zealand,...
February 22, 2018
It is an unfortunate fact that although most people understand the fundamental importance of estate planning, it is an area of financial management that is often neglected. Why? Is it because people don’t like talking about death? Are they a bit confronted by their own mortality? Do they not want to tempt fate? Or is it all “just too hard”? Whatever the reason, it is vitally important for everyone get the basics done right. Will Unless you want strangers involved in...
February 21, 2018
Get organised for annual accounts. The 31st of March is rapidly approaching. Now is a good time to think about getting organised for your annual accounts to minimise hassles. The following comments are based on a 31 March balance date. If yours is different, please adjust accordingly. If you have bad debts, write them off before you get to 31 March or you'll have to include the amount owing to you in your sales for the year. If you have...
February 21, 2018
Some businesses have an uncanny ability to muddle their way to success. Most don’t. When was the last time you reflected with purpose on where you want your business to go? Don’t leave success to chance. A good Business Plan is a roadmap to success. It defines the destination and helps you get there. Developing one needn’t be a chore. Adopt the right mindset Schedule time; you will feel energized rather than squeezing this important task around everything else. It is...
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