Cornish partners with Xero
We are now Partners with Xero Accounting Software.
End of the Financial Year (31 March)
The end of the financial year is fast approaching and it's time to get your taxes in order to complete your income tax return due on the 7th of July....
Starting a new business? Check out this tax tool
IRD has produced an online interactive tool to help you get all your small business tax issues sorted quickly and simply.
Shareholders' and partners' agreements
If you're in business with other people, including friends and relatives, you should have an agreement to cover what will happen if someone wants to...
A little more Tax Loans
It is not unusual for business owners to borrow money from their company. Inland Revenue may however consider such a loan a dividend and tax it.
If...
Dropbox makes it simple
If you're confused when your friends' tech talk turns to the cloud, Dropbox could be a good introduction. Put simply, Dropbox gives you a folder in...
Clever steward service means first class for everyone
We're telling you this story just in case you can apply the idea to your own business.
A steward on an airline was in charge of the first-class...
Being a trustee is a risky business
We recently read a newsletter from a lawyer's office saying the firm would be phasing out its trusteeships. Referring to being a trustee for a client,...
Biff out the bad ones for better business
A RELATION tells us he did a lot of work for a customer which wouldn't pay its bills. It was a big business with plenty of money. It just had poor...
Volume does not equal profit
I heard a joke recently about a couple of dopey businessmen.
They were buying cabbages and selling them at the same price as they paid for them.
"We'r...
Romalpa clause redundant
Many business people include a Romalpa clause in their terms of trade. This is a clause which says they still own the goods until such time as their...
Stick to the rules for bad debt claims
If you want to claim for a bad debt, you have to obey the rules.