Margaret Holmes

High Inflation

High inflation: What does it mean for your business?

High inflation is hitting businesses and households hard in 2022. Across the world, inflation is running high, thanks to factors like pandemic disruptions, monetary stimulus and supply-chain issues. You’ll see the effects of inflation at the supermarket and the fuel pump – and in your business. Eroding each dollar’s buying power Inflation increases prices, which …

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Keeping your business cash liquid – the difference between cash flow and profit

Cash is King – Businesses Can Have a Profit, Without Generating Cash The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from …

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Rental Properties - New Builds

Residential Rental Properties: New builds get a 20 year advantage

Are you thinking of buying a rental property or holiday house? It might be time to think about a new build. The Government recently announced that any new build which received its code compliance certificate after March 27, 2020 will be exempt from its new tax rules which limit deductibility on interest payments against rental …

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Contractor or Employee?

Contractor vs employee: Getting it wrong could be costly!

Is that new team member a contractor or employee?   It’s important to know the difference, because getting it wrong could be an expensive mistake. Many business owners like the flexibility and lower risk of taking on a contractor rather than an employee, particularly if they are new to being an employer.  With the exception of …

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