Coronavirus – Tax Loss Scheme The government has announced details on the changes to tax losses as part of a suite of measures to assist with the economic downturn caused by the COVID-19 lockdown. The scheme will allow entities to offset a loss in a particular tax year against a profit in a previous year. […]
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Cash flow forecast and the Budget. What’s the difference? Every year businesses should produce a budget and a cash flow forecast. They have a lot of things in common. The cash flow forecast tends to follow the budget. Both are essential aids in running a successful business and to our mind are not optional. So
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It’s vital to your cash flow to get debtors to pay on time and in full. There’s nothing more frustrating than doing a good job for a customer or a client and then waiting to get paid. Worse, it can play havoc with your cash flow and mean that you are providing credit for your
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A large order or a new market can seem like the breakthrough any small business has been looking for. But for some, the breakthrough turns to despair if there is no plan. Angus was recently interviewed by the New Zealand Herald about advice for SMEs undergoing fast growth. He talks about what he calls the
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