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Click on any of the topics here to tap into our resources.  If there is anything you would like to discuss, please feel free to contact us.

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21-Sep-2018

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Payday filing on its way

From 1 April 2019 employers will be required to file their employees’ payroll information with Inland Revenue in respect of every payday.
Currently, employers file their employee payroll information with Inland Revenue once a month on the IR348 Employer Monthly Schedule.

06-Sep-2018

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Taxing Forestry Investment Income

For those who have investments in forestry, it’s timely to consider the legitimate opportunities available to manage your tax bill when the harvest income finally starts to roll in.

With average log prices tracking above the three-year average, investors are earning significant lump-sum amounts of income as the stands are harvested and sold.

06-Sep-2018

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Tax enhancements on the way

A new Bill introduced into Parliament proposes to make tax easier and simpler for individuals as well as including a raft of business-friendly changes.

The headline-grabbing change is that the new legislation will mean automatic tax refunds for around 750,000 New Zealanders, according to the Minister of Revenue, Stuart Nash.

22-Aug-2018

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The Secret to Paying No Tax

Shhh. Keep it down. I don't want everyone to know. I’ll just tell you if you can keep it to yourself.
There's a sure fire way to pay next to no tax and I'm going to tell you how. For free. No complicated structures, tax havens or offshore entities required.
You might not understand it at first. But I'll try to keep it simple.

08-Aug-2018

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Marriage vs Getting a Business Partner - is there a difference?

Going into business with someone is just like a marriage. It’s helpful to agree on stuff up front. Finding out 6 weeks in that your wife doesn’t want kids - problematic. When she invites her mother to stay 3 months without checking first – not ideal.

24-Jul-2018

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New Motor Vehicle Kilometre Rate Method Now Applies

Where taxpayers use their motor vehicle for both business and private purposes, the kilometre rate method has been one of two permissible methods used to calculate the expenditure that is deemed to relate to the business use of the vehicle.

The second method is to use the actual costs of running the motor vehicle, this method being known as the “cost method”.

24-Jul-2018

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Maximising Home-Office Write-off

A new method is available to calculate how much of your home office costs you can write off for tax purposes.

The new method will often give a better result than the old method. It is also faster and easier to apply and calculate.

The new method is not compulsory and tax payers can still use the old method.

13-Jul-2018

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Renting vs Owning your business premises

To own or to rent your business premises? That is the question.

There are advantages to owning your business premises over renting, but also potential disadvantages. On the upside, there’s the obvious benefit of paying an amount you would have otherwise spent on rent off against a mortgage used to fund the building – a compulsory savings scheme for you and your business.

09-Jul-2018

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Buying a Business - should I buy the shares or the assets?

Part of purchasing a business means thinking about what you are going to end up with after you settle. Are you going to buy the shares of the company that owns the business – or will you just buy the assets of the company plus some goodwill? Most transactions in the SME space are asset and goodwill sales, rather than share sales and I’ll go over a few reasons for that.

28-Jun-2018 Unleashed

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Tribe of the Tree grows flower essence business with cloud inventory management

As passionate believers in the healing power of flower essences, Scott Harris and his co-founder Jayne Tancred established Tribe of the Tree in Sydney seven years ago.

28-Jun-2018 Unleashed

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The 7 P’s of E-commerce Software

Delving into the e-commerce world is an exciting adventure albeit somewhat daunting. You need a ‘shopfront’ – somewhere you can show off your wares to customers. Here we review some points to consider when choosing your cloud-based e-commerce software.

28-Jun-2018 Unleashed

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Sustainability Improvements for Manufacturing

The manufacturing industry is changing and new trends are shifting the way manufacturing companies operate their facilities. In addition, manufacturing companies are looking to become more sustainable in their operations.

28-Jun-2018 Spotlight Reporting

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It's time to consolidate in the Cloud

As businesses grow, it is often inevitable that additional entities will be needed. Typically these will arise from international expansion into new markets or for legal and risk mitigation.

28-Jun-2018 Vend

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How to Increase Your Profit Margins: 8 Proven Tips for Retailers

Your profit margin is a metric that should always be on your radar, and for good reason: it answers critical questions about your business, like whether or not you’re making money or if you’re pricing your products correctly.

28-Jun-2018 Float

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How Strategic Planning Can Help Your Business In The Long Run

Strategic planning is the blueprint for your business. It’s an aspirational and practical plan for your future that can give you an exact outline of where your business is, and where it should be.

28-Jun-2018 Employment Hero

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Dream big: Making it easier to reach your financial goals

Over 2,000 years ago, Aristotle said “ First, have a definite, clear and practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends: wisdom, money, materials and methods. Third, adjust all your means to that end.”

28-Jun-2018 Float

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A Bookkeeping Revolution

The world of accounting and bookkeeping is changing. It was a decade ago that I decided to upgrade our small business from spreadsheets and Word documents to a proper accounting system.

28-Jun-2018 Vend

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9 Back to School Marketing Tips to Fuel Your Campaigns

Students in the US won’t be flocking back to campuses until September, but for retailers, it’s high time to ramp up back to school (BTS) and back to college (BTC) marketing campaigns.

28-Jun-2018 Debtor Daddy

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8 Reasons Why You Should Outsource

Outsourcing ‘business as usual’ tasks can bring focus and efficiencies your business needs in order to succeed in today’s fast paced environment. A new level of agility and access to quality analytics and expertise can be brought into your business. To get ahead of the competition, consider outsourcing.

27-Jun-2018 Unleashed

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Preventing Mishaps During the Busy Season

Seasonality might make you think of the holiday season but seasonality is not exclusive to Christmas, Easter or Halloween! Seasonality also encompasses the summer seasonal boom.

27-Jun-2018 Unleashed

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Multi-Channel Retailing: A Quick Guide for SMEs

As traditional retail channels dwindle in popularity, more businesses are turning to multi-channel retailing to provide an extra income stream and keep business ticking over.

27-Jun-2018 Unleashed

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Combining Digital with Brick-and-Mortar Stores

The shopping habits of consumers has changed significantly over the past 10 years and will continue to change over the next decade too.

27-Jun-2018 Unleashed

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3 Emerging Trends in UK E-Commerce

The UK retail landscape is changing rapidly. Consumer spending is decreasing, competition is increasing between businesses, and people are turning to e-commerce at an unprecedented rate.

27-Jun-2018 Vend

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11 Unique Sales Promotion Examples to Help You Stand Out and Attract Foot Traffic

These days, it seems like every retailer is running some sort of sales promotion. 25% off, $5 off a purchase of $50 or more, buy-one-get-one-free — these approaches are becoming so commonplace that it’s easy to get lost in the mix.

27-Jun-2018

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How to avoid buying a leaky business

Due diligence. DD. You've probably seen those words somewhere on an accountants' website. DD is to buying a business what inspecting the roof and moisture testing is for buying a home. You don’t want just anyone doing it – if you’re putting your capital into a business you want to get it right from the start.

21-Jun-2018

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7 Ways to Grow Your Business. A Seminar by Ingham Mora.

Would you like to spend less time working while growing your business and increasing profits?

Join guest speaker Mark Jenkins and our Ingham Mora Directors at an informative '7 Ways to Grow Your Business' seminar to understand the mind-set change required to succeed in a changing business landscape.

19-Jun-2018

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Receipt Bank - a tool to make your life easier

At Ingham Mora we are always looking for ways to make our clients' lives easier. Our latest initiative is Receipt Bank, a tool which allows a more automated book-keeping workflow and tackles specific compliance problems in a cost effective manner.

Security Alerts

Security while online is a priority. Check out some security alerts from IRD and XERO so you can stay safe online.

13-Jun-2018

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Seminar Series 'Family Trusts'

Family trusts can be a highly effective mechanism to protect assets, create tax flexibility and provide for inheritance and succession of family and business assets.

However, change is upon us with the proposed enactment of the new Trusts Bill.

Join the Ingham Mora team for beverages, canapes and an informal family trust seminar series.

31-May-2018

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Ring-fencing residential investment property losses

The government is intent on shaking property speculators from the residential property market in an attempt to level the playing field for owner-occupier home buyers.

The latest weapon under development in the government’s arsenal is the proposal to ring-fence or quarantine any losses residential property investors make.

29-May-2018 Unleashed

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Understanding the Cosmetic Industry’s Supply Chain

In the cosmetic industry, managing the supply chain efficiently and effectively is crucial for cosmetic companies to gain a competitive advantage.

29-May-2018 Float

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How To Use Xero in 13 Easy Steps

13 may be unlucky for some but if you follow these 13 top tips on how to use Xero and make the most out of your account you won’t need luck.

29-May-2018 Vend

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How to Start a Private Label: A Chat with Sarah Ferrence of Mod. Merchant

Have you ever considered selling private label products? If so, keep reading. For this post, we caught up with Sarah Ferrence, the founder of Mod. Merchant, a firm that helps retailers and wholesalers adapt and grow their businesses in the new era of retail.

29-May-2018 Float

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How to Refinance Your Business Debt

Many firms will decide to take on debt at some point, at different stages of growth and for several reasons.

29-May-2018 Unleashed

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How the Automotive Industry Manages Seasonal Pressures

Managing seasonal pressures in the automotive industry is an ongoing struggle for car dealers, repair shops and others in the auto business.

29-May-2018 Vend

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6 Father’s Day Promotion Ideas to Try in Your Retail Store

Father’s Day is just a few short weeks away, and while this holiday isn’t as huge as the day dedicated to moms, consumers still increase their spending quite a bit.

28-May-2018 Unleashed

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What’s the Buzz About Innovation?

As more businesses use online inventory management, manufacturing and procurement tools, businesses that stick to traditional ways of operating are likely to surrender their competitive advantage.

28-May-2018 Money Smart

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Tricks used in Scams

Scammers use clever tricks to reel you in and get you to reply to their email or not hang up the phone. Most scams seem like genuine offers but they are carefully designed to trick you into giving away your money or your personal details.

28-May-2018 Vend

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9 Reasons Your In-Store Retail Displays Aren’t Working — and What to Do Instead

One of the major differences between brick-and-mortar and ecommerce retail is the ability (or inability) to create a physical customer-product interaction.

28-May-2018 Vend

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12 Retail Checkout Counter Ideas to Try in Your Store

When was the last time you gave your retail checkout counter some love? (And no, we’re not just referring to cleaning up your countertop or moving some stuff around.)

27-May-2018 Unleashed

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The Reluctance to Automate Leaves UK’s Food Industry Stagnant

Competition is rife in every industry. In order to keep up with competitors you have to be innovative and quick.

27-May-2018 Unleashed

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Looking to your Competitors for Business Success

There are many factors that can contribute to business success or otherwise. When first starting out, business owners can be focused solely on serving customers that they forget to check out the competition.

27-May-2018 Unleashed

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How to Deal with your Excess Stock and Stay Green

In an ideal world, your business would never have excess or obsolete inventory. However, this can and often does happen when demand for certain products decreases and supply remains steady or increases.

27-May-2018 Float

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How to Avoid Cash Flow Problems

Cash flow can be hard to get to grips with for any business; whether you’re growing, just starting out, or established. In fact, 82% of businesses become insolvent because of bad cash flow.

27-May-2018 Unleashed

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Get Your Staff Ready for Cloud-Based Software

Shifting data, systems and the inner workings of a business onto the cloud can be a big move. However, it’s hard to stay away from the cloud these days; the applications of cloud-based software are seemingly endless.

25-May-2018

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Funding Growth and Innovation

According to Stats NZ’s latest Business Operations survey, 40 percent of businesses cite cost as the main barrier to innovation in New Zealand. Lack of management resources and not having appropriate staff followed closely behind at 38 percent and 31 percent respectively.

26-Apr-2018 Unleashed

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Putting Two and Two Together: Manufacturing Inventory Management and Quality Control

When it comes to quality control as a manufacturer, it’s important to remember the role inventory management has on your ability to moderate quality. In terms of running a business, your aim will be to make quality products that will sell, with as little waste as possible.

26-Apr-2018 Vend

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How to Train, Manage and Motivate Part-Time Retail Staff

There were almost 5 million retail sales jobs in the U.S. in 2016. Those workers, both full- and part-time, represent a sizeable chunk of the workforce, and they’re also a key component to every growing retail business. (post by Alexandra Sheehan)

26-Apr-2018 Vend

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How to Engage and Sell to Gen Z

While millennials are still a significant consumer segment for retailers, there is another shopper group that’s continuing to gain spending power.

26-Apr-2018 Float

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Best and Worst Businesses for Cash Flow

No matter how inventive or simple your business model is, you can still have problems with cash flow. Here is a rundown of the best and worst businesses for cash flow.

26-Apr-2018 Vend

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7 Examples of Good Customer Service in Retail (and How to Apply Them to Your Stores)

While there are many things that can affect the in-store experience (e.g. products, prices, store environment, etc.) customer service is always going to be one of the top factors that impact how shoppers perceive your brand.

26-Apr-2018 Unleashed

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3 Key Trends That Will Drive Business Success in FY 2019

As some of us begin a new financial year, it’s time to reflect on trends from the year that’s been. The 2018 financial year continued the dramatic trend of change that small and medium sized businesses have been experiencing for the last few years.

25-Apr-2018 Vend

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The Retailer’s Guide to Cashier Training: Getting People up to Speed with Your POS

Perhaps the most important part of retail is the moment of the transaction — when money transfers from the customer to the cashier. (post by Cara Wood)

25-Apr-2018 Vend

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Local Store Marketing for Retailers: 6 Ideas to Boost Your Presence in the Neighborhood

Local store marketing is critical for many retailers, particularly those who have brick-and-mortar stores. Chances are, the bulk of your foot traffic comes from people in the neighborhood, so it’s vital that you get yourself in front of as many locals as possible.

25-Apr-2018 Unleashed

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Innovation Poses New Challenges and Opportunities in the Food and Beverage Industry

One critical factor for food and beverage industry growth is innovation. While the food and beverage players are experienced innovators, the industry itself is facing new consumer, food safety and regulatory challenges.

25-Apr-2018 Vend

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How to Prevent and Handle Internal Theft in Retail Stores

When thinking about threats to your retail store, shoplifting is probably number one, right? The idea of someone swiping hundreds of dollars of products into a giant bag and walking out with them is horrifying, isn’t it? (post by Cara Wood)

25-Apr-2018 Sharesight

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3 Ways to maximise your portfolio performance in 2018

With stock market volatility the highest it’s been in over two years, it’s easy to lose your cool and forget your long-term goals.

24-Apr-2018 Unleashed

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Why Do Businesses Fail to Grow?

No entrepreneur or business startup sets out to fail, yet in every industry, there are those companies that grow and dominate their markets, while others stagnate or ultimately fail.

24-Apr-2018 Float

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How to Stay Productive When You Work Remotely

Working remotely or freelancing has its positives— working in your pyjamas being one of them— but when it comes to self-motivating and staying productive, it can be an uphill battle.

24-Apr-2018 Unleashed

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Avoiding Supply Chain Woes

Controlling a supply chain can be a very difficult exercise. Businesses can struggle to control what is going on in their supply chain and this can result in failure.

24-Apr-2018 Unleashed

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5 Essential Business Costs Not to Skimp On

If you are a startup owner or entrepreneur, it is no secret that you may be working within a tight budget. The ability to make pennies stretch is an important survival skill.

20-Apr-2018

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Finding a way through the cryptocurrency maze

A new financial and social paradigm is upon us with the rise of cryptocurrencies, initial coin offerings (ICOs), and other emerging blockchain applications and technologies.

20-Apr-2018

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Wealth Taxes

The Tax Working Group – established by the government to examine improvements to the fairness, structure and balance of the tax system – has released its background paper summarising the current system and calling for submissions.

29-Mar-2018 Unleashed

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Women in Tech – It All Adds Up!

Recruiting more women into roles within the technology sector continues to be to a major challenge for employers. In the UK technology sector, only 15% of people working in STEM roles are female, and women hold only 5% of tech leadership positions.

28-Mar-2018 Unleashed

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What to Learn from Failure in a Business

There are many lessons to be learned through failure. Each time something does not work in a business, there are endless reasons and factors that could culminate to cause the failure.

28-Mar-2018 Vend

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We Asked Retailers About the Habits That Led to Their Success. Here’s What They Said.

Highly successful retail businesses don’t just happen overnight, nor does it (usually) occur because of one big, bold action.

28-Mar-2018 Vend

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Retail Metrics: 14 Essential KPIs for Tracking Your Business’ Performance

Numbers don’t lie, so if you find yourself at a loss with what’s happening in your business, one of first the things you should do is look at your retail metrics.

28-Mar-2018 Unleashed

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Managing Supply Chains Effectively During the Holiday Season

Gift giving is a major part of the holiday season. As a result, the holiday seasons is hectic, not only for the consumers, but also the retailers and manufacturers supplying the gifts.

28-Mar-2018 Employment Hero

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How to recognize and prevent sexual harassment in your office

The Harvey Weinstein scandal is back in the news this week – and it’s a reminder that we should seriously think about how we recognize and prevent sexual harassment in the workplace.

28-Mar-2018 Vend

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How to Encourage Impulse Buys and Unplanned Purchases in Your Retail Store

Impulse purchases account for a significant chunk of the consumer spending pie. According to a study by Marketing Support, Inc. and Leo J. Shapiro and Associates, about one-third of all consumers make a sizeable impulse buy every week, with a median purchase of $30.

28-Mar-2018 Vend

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Expanding from 1 to 5 Stores: How This Retailer Used Communities to Fuel Their Growth

Picture this — you find yourself in an industry that is dominated by big chains at the top and crowded with online stores that keep popping up. How do you stay competitive?

28-Mar-2018 Unleashed

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Choosing Cloud Software? Look Out for These Trends

Software as a Service (SaaS) has paved the way for businesses and consumers to test early cloud services. With SaaS being both flexible and financially attractive, businesses continue to take advantage of the simplicity and high performance the cloud offers.

28-Mar-2018 Unleashed

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5 Ways to Reduce Debtor Days

Debtor days measures how quickly cash is being collected from debtors. The longer it takes for a business to collect, the greater the number of debtor days.

27-Mar-2018 Debtor Daddy

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Technology + Humanity = The future of services

Running your own business is awesome, right? There are not many other lifestyles that afford the opportunity to enjoy the kind of life you’ve always dreamed of, on your own terms. Time, money, flexibility… the chance to have it all.

27-Mar-2018 Unleashed

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Streamlining your Small Business for Greater Efficiency

One of the complexities of managing a small to medium sized business is having the ability to optimise your organisation, enabling it to run more efficiently.

27-Mar-2018 Float

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Ready, Set, Grow: A Guide to Funding Business Growth

Almost every small business struggles through ups and downs on their journey to funding business growth.

27-Mar-2018 Employment Hero

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Learn how to create business values in just 5 simple steps

When it comes to creating a vibrant company, values are absolutely foundational – in fact, they’re one of the most visible aspects of any company culture.

27-Mar-2018 Vend

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Not only do they lead to lost sales, but out-of-stocks also result in reduced customer satisfaction and lower loyalty levels.

05-Mar-2018

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Office Hours | Xero with Ingham Mora

Office Hours is your opportunity to spend time one-on-one with local, professional service providers and entrepreneurs who give their time to help you take the next steps to success, making sure you know what you did not know you needed to know.

27-Feb-2018 Vend

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6 Retail Marketing Strategies to Help You Get New Customers

Whether you’re just setting up shop or been running your store for decades, acquiring new customers is always the name of the game.

26-Feb-2018 Vend

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We Asked Shoppers Who Their Favorite Retailers Are and Why. Here’s What They Said.

Who is your favorite retailer and why? We posted that question on LinkedIn last week because we wanted to learn more about the retailers that consumers love.

26-Feb-2018 Unleashed

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Three Must Have New Year’s Resolutions for Small Businesses

As some countries ring in the new financial year, now is the time to reflect and make New Year’s resolutions for your SME for the financial year ahead.

26-Feb-2018 Float

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The 5 Best Xero Apps of 2018

We have scoured the marketplace to bring you the five best Xero apps of 2018. From reporting software to time management applications, we’ve covered a wide variety of apps designed to make your life easier.

26-Feb-2018 Vend

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How to Optimize Your Inventory: A Guide to Getting Stock Levels “Just Right”

How much money do you lose to stockouts and overstocked items every year? The answer might surprise you.

26-Feb-2018 Employment Hero

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Handle conflict like a pro: essential team conflict management examples and tips

Conflicts are inevitable, even in the most engaged of workplaces. Regardless of the source of the conflict, if they are left unresolved, conflicts can quickly impact employee morale and productivity.

26-Feb-2018 Unleashed

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Choosing Between Local or International Suppliers

As industries increase in globalisation, establishing trading relationships with suppliers further and further afield, there is a concurrent and rather ironic push for consumers to support local entities and ‘shop small’.

26-Feb-2018 Unleashed

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Benefits of a Domestic Supply Chain

The success of a business, amongst other things, is largely dependent on their ability to supply their product or service to a customer exactly when and in what quantity they require.

25-Feb-2018 Unleashed

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Three Measures of Customer Satisfaction Compared

It is a difficult task to gauge customer satisfaction without some form of survey to do so. However, understanding the extent to which your customer base is happy with your services is integral to your company’s success.

25-Feb-2018 Spotlight Reporting

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The Power of Customer Success

Customer Success is one of the most important strategic priorities at Spotlight Reporting. The more we learn about Customer Success principles, strategy and practice, the more we can see the powerful resonance this could have for accountants in practice.

25-Feb-2018 Vend

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How to Deal with Difficult Customers: Nine Proven Tips for Retailers

Dealing with difficult customers can be… well, difficult, but it doesn’t have to be. With the right attitude and action steps, you can effectively navigate these tricky customer situations and emerge (hopefully) unscathed.

25-Feb-2018 Vend

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Got a Seasonal Business? Try These 9 Tips to Stay Profitable and Productive All Year

Every seasonal business – whether it’s a haunted house attraction open on Halloween or a summer souvenirs shop on the beach – dreads the off-peak season.

25-Feb-2018 Employment Hero

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Are employee benefits the key to attracting and retaining employees?

Free healthy meals at work, discounted travel, opportunities for personal development and study, flexible working, and paid time off for volunteering – these are just some of the compelling employee benefits that leading company’s offer.

25-Feb-2018 Unleashed

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5 Things You Need to Know About Sourcing Globally

Global sourcing occurs when companies go beyond their home borders for sourcing goods and services.

25-Feb-2018 Vend

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12 Examples of Retail Stores That Will Inspire You to Run Your Business Better

One of the best ways to get inspired in your retail business is to see merchants like yourself who are killing it.

21-Feb-2018

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Bright-line Period to be Extended to 5 Years

The Government will extend the 2-year bright-line test for residential investment property sales to a 5-year test.

13-Feb-2018

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Provisional Tax - Taking Aim

From 1 April 2018 taxpayers will have a new optional method for paying provisional tax – the Accounting Income Method (AIM).

13-Feb-2018

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7 Ways to Grow your Business

Ever wondered how to spend less time working yet increase profits and grow your business?

21-Jan-2018 Unleashed

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What’s Brewing in the Future of Coffee?

The growth of the coffee industry has been truly unprecedented and experts have been prepared for the bubble to pop.

21-Jan-2018 Float

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How To Prepare Your Business For The Next Recession

There has been a lot of chatter in the media recently that another economic downturn might be around the corner. As The Wow Company found in their recent “How recession-proof is your business” survey, a surprisingly high number of UK-based businesses are not prepared for the next recession.