Business Health check

Things to do this month

  • If you don’t have an office intranet, you can set one up to encourage your staff to make suggestions and give feedback. It will also facilitate project work, and can store useful templates, like leave application forms. It can be as basic as a shared Google Drive folder. Or you can get as detailed as a custom-designed system on SharePoint.

  • If your business has a turnover of less than $5 million a year, IRD’s new option for managing provisional tax, the Accounting Income Method (AIM), will let you regularly calculate provisional tax – and GST – through approved accounting software. Why not get ready for this, a system that will start in April, and from that month cut your compliance costs and have more time to focus on business?
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