How to navigate an IRD audit with the best possible outcome

By Jayesh Kumar on 24/09/20 - Mins to read: 3 minutes

This article was first published in the CFO Series Magazine in September 2020 An IRD audit is an examination of your financial affairs by the Inland Revenue Department, to ensure you’ve paid the right amount of tax and you’re complying with tax laws. An audit can be anywhere from a... Read More >

The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 2

By Eric Flammang and William Buck on 04/08/20 - Mins to read: 2 minutes

In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and managing cash inflow and outflows effectively during COVID19, using a three-way forecast. Part Two: Three-way forecast models in practice When it comes to three-way financial modelling, small businesses can now receive packages which... Read More >

The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 1

By Eric Flammang on 04/08/20 - Mins to read: 5 minutes

In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and managing cash inflow and outflows effectively during COVID19, using a three-way forecast. Part One: Assessing your options and scenario testing Cash flow is the lifeblood of any business and it is even more... Read More >

International tax in the time of COVID-19

By Jayesh Kumar on 29/07/20 - Mins to read: 3 minutes

William Buck Tax Director Jayesh Kumar and Accountant Harrison Stutt answer some common questions asked by their clients regarding international tax matters in the time of COVID-19. The director of a corporate taxpayer has been stranded in NZ during the COVID-19 pandemic. Does this mean the corporate taxpayer is now... Read More >

How a Disaster Recovery Plan can help you adapt quicker

By John Spender on 29/07/20 - Mins to read: 3 minutes

The ability to return to ‘business as usual’ will be influenced by a number of factors including the effectiveness of your Disaster Recovery Plan (DRP). This is different from a Business Continuity Plan that focuses on keeping operations functional during the event and immediately after. Rather than simply mitigate the... Read More >

Law changes bring relief to directors and debt

By William Buck on 16/04/20 - Mins to read: 3 minutes

This information is current as of the publish date, however due to the evolving response to the crisis, please refer to the latest articles here and/or the FAQs page for up-to-date information. As part of the Government’s response to COVID-19, temporary law changes to the New Zealand Companies Act will enable businesses affected... Read More >

Latest tax changes will help SMEs

By William Buck on 16/04/20 - Mins to read: 3 minutes

This information is current as of the publish date, however due to the evolving response to the crisis, please refer to the latest articles here and/or the FAQs page for up-to-date information. The Government has announced further support measures aimed to help small and medium-sized enterprises (SMEs) manage the impacts of COVID-19. These... Read More >

COVID-19 & Life Insurance – can I claim?

By Amy Gill on 06/04/20 - Mins to read: < 1 minute

Here at William Buck, we’ve received a number of queries from clients asking whether their insurance policies will pay out amidst the COVID-19 pandemic. Below we have answered two of our most common queries: Can I claim in the event I pass away or become temporarily or permanently disabled from... Read More >

COVID-19 | Business hibernation strategies

By Manda Trautwein on 06/04/20 - Mins to read: 4 minutes

Businesses around the world are finding themselves in unchartered waters. COVID-19 is having an unprecedented effect on business everywhere. For some businesses their supply chains have been impacted while for others, demand for their product or service has entirely dried up overnight. In Australia and New Zealand, the Governments have... Read More >

NZ Government makes changes to Wage Subsidy scheme to keep workers in jobs

By William Buck on 31/03/20 - Mins to read: 2 minutes

Effective 27 March, modifications to the Wage Subsidy Scheme will apply to ensure people don’t lose their jobs during the national lockdown. The Wage Subsidy is a Government payment to help employers pay wages. The changes focus on helping businesses who are not able to operate during the lockdown to... Read More >

NZ announces further assistance with wage subsidies, mortgages and business finance

By William Buck on 29/03/20 - Mins to read: 2 minutes

Wage subsidies Following this week’s Government announcement, wage subsidies will now be available for all employers that are significantly impacted by COVID-19. This applies to all New Zealand employers, contractors, sole traders, self-employed people, registered charities and incorporated societies. There is no maximum amount of assistance a business can now... Read More >

How NZ’s COVID-19 stimulus can boost your cash flow and provide necessary relief

By William Buck on 19/03/20 - Mins to read: 4 minutes

This information is current as of the publish date, however due to the evolving response to the crisis, please refer to the latest articles here. Earlier this week the New Zealand Government announced it will spend $8.7 billion to reduce the blow for businesses as part of its $12.1 billion... Read More >

Load next 12 article(s) (67 left)