That time of the year is upon us where many businesses host Christmas parties for clients and staff or provide gifts to clients and staff. With this in mind we thought it timely to remind readers of the tax implications associated with Christmas parties and gifts. The first rule is that for any expenditure to…Details
2011 continues to be a difficult year for us all with worldwide economic and political unrest coupled with environmental disasters both locally and globally. It was a welcome relief to have the ‘distraction’ of RWC 2011 – 45 days during which time New Zealand was the focus of the huge international rugby loving audience. Even…Details
Your website is the face of your business on the web and in many cases, it may be your business. Hence, it is important that your website is set-up for success and designed to achieve your business goals. UHY Senior Accountant Len Kumar prepared this list of the critical elements your business website must possess:
1. Cohesive design within the entire website
Choose a design for your website that looks attractive, easy on the eyes, and works towards your goals in a clear and efficient way:
• Create a website that makes your business look professional, not like it is being operated from the bedroom!
• There should be a commonality across the entire site. Common look and feel for all pages.
• Provide an attractive design for your website including colours and the typography.
• Keep your website fresh with regularly updated content to get users to revisit your website.
2. Clear presentation of your products or services
The copy, pictures and other elements should be cohesive and work together to make the visitors want to buy your products and/or use your services:
• If you’re allowing transactions on your website, make it easy for users to order and to pay.
• If your products are not offered for sale online, include information where visitors can find and buy it.
• Clearly state the prices of your products. For a service business, ensure an easy way for clients to request quotes.
• Provide great pictures of your products or services.
• Depending on your business, consider creating videos of how to setup and use your products.
New Zealand Trade & Enterprise (NZTE) has introduced a voucher scheme for small business owners to give them access to training and services to help build their management capabilities with the aim of accelerating business growth. The scheme is called the NZTE Capability Development Voucher Scheme. Under the scheme eligible businesses will receive a voucher…Details
In an earlier newsletter I mentioned one strategy to improve business performance was to review all staff each year and sack your worst 10%. Shortly thereafter we received a call from one of our business owner clients to say he had reviewed his entire team and concluded that he needed to fire himself! If you…Details
The Case This case recently went on appeal to the Supreme Court and was won by the IRD. The Supreme Court’s decision hails a significant development in the application of the anti-avoidance rules by IRD. In the past, two orthopaedic surgeons (Penny and Hooper) had independently practised on their own account and in their own…Details