Using Bank Rules to Transform your Xero Reconciling
Our latest blog post explores the benefits of using bank rules in accounting, emphasising how they can streamline processes and reduce errors. We explain how bank rules work, highlighting their ability to automatically categorise transactions based on predefined criteria.
Why the %#@! are Tax Payments for Terminal Tax and Provisional Tax so Close Together?
This blog post explains why Terminal Tax and Provisional Tax payments can feel close together at this time of year. It highlights the importance of keeping good financial records and offers budgeting and money-saving tips to avoid cash flow issues.
Understanding the Small Business Cashflow Scheme (SBCS) in New Zealand
We’re starting to see some Small Business Cashflow loans being defaulted on and called in by the IRD. We go over what this means and how to navigate through once this happens.
Essential Tips to Help Complete the IR330C form
The IR330C (Tax rate notification for contractors) form is an IRD form filled out by contractors, freelancers, and other self-employed individuals when they are working for large ‘labour hire’ organisations and other specified activities in New Zealand.