New Zealand

Insights

Our latest thoughts and analysis to keep you informed and help you achieve results.

Practical applications of AI for business owners
ARTICLE | 13 Mar 2025 | Mins to read: 2

Practical applications of AI for business owners

AI isn’t just a tool for big corporations—it’s rapidly transforming how businesses of all sizes operate. Those...
Navigating Not-for-Profit financial reporting changes
ARTICLE | 12 Mar 2025 | Mins to read: 3

Navigating Not-for-Profit financial reporting changes

The New Zealand not-for-profit (NFP) sector is facing a wave of changes to its financial reporting requirements....
End-of-Financial-Year considerations for taxpayers in New Zealand
ARTICLE | 28 Feb 2025 | Mins to read: 3

End-of-Financial-Year considerations for taxpayers in New Zealand

As the financial year in New Zealand ends on 31 March, individuals and businesses must take action...
Why data-driven decision making is critical for business success
ARTICLE | 27 Feb 2025 | Mins to read: 4

Why data-driven decision making is critical for business success

In today’s fast-paced business environment, success hinges on your ability to make informed decisions quickly, and efficiently....
Navigating the impact of the current economy and planning to thrive
ARTICLE | 20 Feb 2025 | Mins to read: 3

Navigating the impact of the current economy and planning to thrive

In today's economic landscape, private businesses face a myriad of challenges that can significantly impact their operations...
Government should use upcoming Budget to provide NZ businesses with much-needed lifeline
NEWSROOM | 22 May 2024 | Mins to read: < 1

Government should use upcoming Budget to provide NZ businesses with much-needed lifeline

While the Government’s efforts to balance the cost-of-living crisis are commendable, William Buck believes more can be...
Unlocking success: strategies for SMEs in a competitive landscape
ARTICLE | 19 Mar 2024 | Mins to read: 2

Unlocking success: strategies for SMEs in a competitive landscape

Small and medium-sized enterprises, or SMEs, play a significant role in the economic landscape, creating jobs, fostering...
Managing and clearing tax debts with the Inland Revenue Department
ARTICLE | 28 Feb 2024 | Mins to read: 2

Managing and clearing tax debts with the Inland Revenue Department

Managing outstanding debts can feel overwhelming, particularly when dealing with obligations to the Inland Revenue Department (IRD)....
Transitioning to the 2022 Act: A guide for Incorporated Societies
ARTICLE | 20 Dec 2023 | Mins to read: 3

Transitioning to the 2022 Act: A guide for Incorporated Societies

Existing Incorporated Societies must start preparing to re-register as the new Incorporated Societies Act 2022 came into...
Agreed tax plans and policies of the New Zealand Coalition Government
ARTICLE | 18 Dec 2023 | Mins to read: 2

Agreed tax plans and policies of the New Zealand Coalition Government

The New Zealand National Party has successfully formed coalitions with ACT New Zealand and New Zealand First...
Navigating succession planning: key considerations for taking on a partner in your medical practice
ARTICLE | 12 Dec 2023 | Mins to read: 3

Navigating succession planning: key considerations for taking on a partner in your medical practice

It’s a common scenario, you've been running a successful practice for many years and are starting to...
Elevating dental practices: the essential role of Virtual CFOs
ARTICLE | 21 Nov 2023 | Mins to read: 4

Elevating dental practices: the essential role of Virtual CFOs

Running a successful dental practice requires careful planning, excellent patient care and effective management. While the quality...
Tips to navigate family remuneration in family-owned businesses
ARTICLE | 31 Oct 2023 | Mins to read: 2

Tips to navigate family remuneration in family-owned businesses

Family-owned businesses form the backbone of many economies, and a unique aspect of these businesses is the...
Family succession planning for your business
ARTICLE | 26 Oct 2023 | Mins to read: 3

Family succession planning for your business

Owning and managing a family business can be immensely rewarding, especially for the older generation, who get...
Understanding the top 10 challenges for SMEs today
ARTICLE | 12 Oct 2023 | Mins to read: 3

Understanding the top 10 challenges for SMEs today

Small and medium-sized enterprises, or SMEs, play a significant role in the global economic landscape. These organisations...
New Zealand general election: tax plans and policies of the main parties
ARTICLE | 28 Sep 2023 | Mins to read: 8

New Zealand general election: tax plans and policies of the main parties

Updated 9 October 2023 As the upcoming election draws near, discussions on goods and services tax (GST)...
Governance in family businesses: its critical role in nurturing success
ARTICLE | 21 Sep 2023 | Mins to read: 3

Governance in family businesses: its critical role in nurturing success

Family businesses are the engine-room of our economy, contributing significantly to job creation, innovation, and economic growth....
Large companies prepare for new business payments disclosure regime
ARTICLE | 31 Aug 2023 | Mins to read: 2

Large companies prepare for new business payments disclosure regime

Effective 26 May 2024, large businesses will be required to publicly disclose their payment terms and how...
Business lessons from the turnaround of Australian entertainment giant Foxtel
ARTICLE | 31 Jul 2023 | Mins to read: 3

Business lessons from the turnaround of Australian entertainment giant Foxtel

Disruption The Foxtel IQ product was world leading technology throughout the 2000s. However, Foxtel faced allegations in...
Supply chain management: prepare for disruption to stay on track
ARTICLE | 13 Jul 2023 | Mins to read: 2

Supply chain management: prepare for disruption to stay on track

Geopolitical tensions, shipping delays and rising freight costs are compounding the bleak global supply chain situation –...
Staffing your practice – are they employees or contractors?
ARTICLE | 30 May 2023 | Mins to read: 6

Staffing your practice – are they employees or contractors?

Article first published in the New Zealand Dental Association (NZDA) News Vol. 212 March 2023. Owning a...
Financing your business for growth
ARTICLE | 21 Apr 2023 | Mins to read: 3

Financing your business for growth

When it comes to financing your business for growth, you generally have two options; either you use...
Monitoring your business performance: tips on setting KPIs and remaining accountable
ARTICLE | 4 Apr 2023 | Mins to read: 3

Monitoring your business performance: tips on setting KPIs and remaining accountable

Business owners are often occupied with the operational requirements of running a business and as a result,...
How can I achieve a 3-day month-end?
ARTICLE | 14 Mar 2023 | Mins to read: 4

How can I achieve a 3-day month-end?

As a CFO, the buck stops with you to ensure the month-end close is efficient and as...
Is your internal finance function stretched to capacity?
ARTICLE | 1 Mar 2023 | Mins to read: 3

Is your internal finance function stretched to capacity?

Several factors have combined to leave many internal finance functions stretched to capacity. These include rising costs,...
Preparing for changes to GST invoicing requirements
ARTICLE | 22 Dec 2022 | Mins to read: 2

Preparing for changes to GST invoicing requirements

In 2022, the Government enacted changes to the GST invoicing and record-keeping requirements. From 1 April 2023,...
Why you should regularly review your pricing strategy
ARTICLE | 11 Oct 2022 | Mins to read: 3

Why you should regularly review your pricing strategy

Despite the many challenges faced by small businesses over the past few years, those that have forged...
How startups can successfully execute their first capital raise
ARTICLE | 30 Aug 2022 | Mins to read: 5

How startups can successfully execute their first capital raise

Undertaking a capital raise is complex and often daunting. It requires time and planning. If you’re considering...
Exit your business effectively and avoid deal fatigue
ARTICLE | 4 Jun 2022 | Mins to read: 2

Exit your business effectively and avoid deal fatigue

So you’ve decided to exit your business. But what is the best route to the door? There...
Succession planning for your Business
ARTICLE | 13 May 2022 | Mins to read: 2

Succession planning for your Business

At some point in your business' lifecycle, you must consider its succession. Deciding the best options for...
Skills of a Virtual CFO: Accounting and financial reporting
ARTICLE | 3 May 2022 | Mins to read: 4

Skills of a Virtual CFO: Accounting and financial reporting

Virtual CFOs can support busy business owners by identifying potential risks and implementing financial strategies to drive...
Reporting requirements for domestic trusts – what you need to know
ARTICLE | 19 Apr 2022 | Mins to read: 3

Reporting requirements for domestic trusts – what you need to know

The Taxation (Income Tax Rate and Other Amendments) Bill that passed in December 2020 introduced new disclosure...
The rise of inflation and its impact on business
ARTICLE | 19 Apr 2022 | Mins to read: 3

The rise of inflation and its impact on business

Inflationary pressures have been steadily increasing over the past year with prices being driven by rising global...
Stakeholder engagement: Valuable skills of a Virtual CFO
ARTICLE | 1 Apr 2022 | Mins to read: 2

Stakeholder engagement: Valuable skills of a Virtual CFO

Virtual CFOs possess unique skills that enable them to assist growing businesses in many ways. Here, we...
Technology and the future Virtual CFO (VCFO)
ARTICLE | 15 Mar 2022 | Mins to read: 2

Technology and the future Virtual CFO (VCFO)

This article is the second in a series that looks at the VCFO role, how it differs...
Compliance the biggest source of stress for business owners, but integral to success
ARTICLE | 4 Mar 2022 | Mins to read: 3

Compliance the biggest source of stress for business owners, but integral to success

A staggering 85% of SME business owners have identified compliance as the biggest source of stress in...
COVID-19: Further financial help available for NZ businesses
ARTICLE | 3 Mar 2022 | Mins to read: 4

COVID-19: Further financial help available for NZ businesses

Most businesses are operating relatively normally, but there are some sectors which continue to experience a significant...
Key year-end tax tips for business owners
ARTICLE | 1 Mar 2022 | Mins to read: 4

Key year-end tax tips for business owners

Financial year-end can be daunting, particularly for business owners that simply lack the time to pre-plan and...
It’s red or orange for NZ – so, what support is currently available for businesses?
ARTICLE | 7 Dec 2021 | Mins to read: 3

It’s red or orange for NZ – so, what support is currently available for businesses?

With the shift to the new COVID-19 Protection Framework, businesses will have more flexibility to open and...
New disclosure requirements for domestic trusts
ARTICLE | 3 Nov 2021 | Mins to read: 3

New disclosure requirements for domestic trusts

Following amendments to the Tax Administration Act 1994 in December 2020, trustees of certain domestic trusts will...
Is your strategic management report set up for effective decision making?
ARTICLE | 25 Oct 2021 | Mins to read: 5

Is your strategic management report set up for effective decision making?

Management reports aim to allow users to assess the company’s strategy, identify its strengths and concerns and...
New taxation Bill responds to changing business practices and technology
ARTICLE | 14 Oct 2021 | Mins to read: 7

New taxation Bill responds to changing business practices and technology

The new Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill includes a range of proposed...
Interest deductibility rules on residential investment property and proposed exemptions
ARTICLE | 30 Sep 2021 | Mins to read: 4

Interest deductibility rules on residential investment property and proposed exemptions

The interest deductibility proposals announced in March aimed to dampen investor demand for existing residential properties and...
Financial forecasting 101
ARTICLE | 27 Sep 2021 | Mins to read: 3

Financial forecasting 101

What is financial forecasting? Financial forecasting is the process of estimating the future financial performance of a...
Second round of COVID-19 Wage Subsidy opens to businesses needing financial support
ARTICLE | 3 Sep 2021 | Mins to read: 2

Second round of COVID-19 Wage Subsidy opens to businesses needing financial support

Latest Update The COVID-19 Wage Subsidy August 2021 is being paid in two-week periods. Since the alert...
COVID-19 financial support for NZ businesses affected by latest lockdown
ARTICLE | 19 Aug 2021 | Mins to read: 2

COVID-19 financial support for NZ businesses affected by latest lockdown

With the move to Alert Level 4 on 17 August 2021, the Government has reactivated the Wage...
What is a Virtual CFO and how could one help your business?
ARTICLE | 23 Jul 2021 | Mins to read: 3

What is a Virtual CFO and how could one help your business?

With the transition to real time accounting using cloud-based software, an increase in flexible working arrangements and...
Property tax changes and what it means for property owners and investors
ARTICLE | 21 Apr 2021 | Mins to read: 4

Property tax changes and what it means for property owners and investors

Major changes were recently announced by the Government to try and cool the overheating New Zealand housing...
Preparing for tax time: The do’s and don’ts that will maximise your tax position
ARTICLE | 9 Mar 2021 | Mins to read: 4

Preparing for tax time: The do’s and don’ts that will maximise your tax position

Preparing for tax time can be daunting – especially as a small business owner when it adds...
COVID-19 Wage Subsidy March 2021 is now available, and a second round of the Resurgence Support Payment has been announced
ARTICLE | 4 Mar 2021 | Mins to read: 3

COVID-19 Wage Subsidy March 2021 is now available, and a second round of the Resurgence Support Payment has been announced

Applications for the Wage Subsidy open Thursday 4 March 2021, and payments start from Monday 8 March...
COVID-19: Government support payments available for businesses and organisations
ARTICLE | 23 Feb 2021 | Mins to read: 2

COVID-19: Government support payments available for businesses and organisations

Applications are now open for the Resurgence Support Payment. On 17 February, the Prime Minister announced the...
NZ Government extends the small business cashflow (loan) scheme
ARTICLE | 20 Nov 2020 | Mins to read: < 1

NZ Government extends the small business cashflow (loan) scheme

The cashflow loan scheme provides one-off loans to support the cash flow needs of small businesses impacted...
Accessing regional business support funding for professional advice and training services
ARTICLE | 14 Oct 2020 | Mins to read: 2

Accessing regional business support funding for professional advice and training services

Funding has been made available through the Regional Business Partner Network to help SMEs recover from the...
The advantages of outsourcing parts of your business
ARTICLE | 24 Sep 2020 | Mins to read: 3

The advantages of outsourcing parts of your business

The global outsourcing industry has grown exponentially over the years but continues to have a variable reputation....
How to navigate an IRD audit with the best possible outcome
ARTICLE | 24 Sep 2020 | Mins to read: 3

How to navigate an IRD audit with the best possible outcome

This article was first published in the CFO Series Magazine in September 2020 An IRD audit is...
The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 2
ARTICLE | 4 Aug 2020 | Mins to read: 2

The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 2

In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and...
The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 1
ARTICLE | 4 Aug 2020 | Mins to read: 5

The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 1

In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and...
International tax in the time of COVID-19
ARTICLE | 29 Jul 2020 | Mins to read: 3

International tax in the time of COVID-19

William Buck Tax Director Jayesh Kumar and Accountant Harrison Stutt answer some common questions asked by their...
How a Disaster Recovery Plan can help you adapt quicker
ARTICLE | 29 Jul 2020 | Mins to read: 3

How a Disaster Recovery Plan can help you adapt quicker

The ability to return to ‘business as usual’ will be influenced by a number of factors including...
Why hiring a virtual CFO can be a game-changer
ARTICLE | 24 Jul 2020 | Mins to read: 4

Why hiring a virtual CFO can be a game-changer

Given the time pressures of running a business, many startups and even SME’s, can only devote a...
Law changes bring relief to directors and debt
ARTICLE | 16 Apr 2020 | Mins to read: 3

Law changes bring relief to directors and debt

This information is current as of the publish date, however due to the evolving response to the...
Latest tax changes will help SMEs
ARTICLE | 16 Apr 2020 | Mins to read: 3

Latest tax changes will help SMEs

This information is current as of the publish date, however due to the evolving response to the...
COVID-19 & Life Insurance – can I claim?
ARTICLE | 6 Apr 2020 | Mins to read: < 1

COVID-19 & Life Insurance – can I claim?

Here at William Buck, we’ve received a number of queries from clients asking whether their insurance policies...
COVID-19 | Business hibernation strategies
ARTICLE | 6 Apr 2020 | Mins to read: 4

COVID-19 | Business hibernation strategies

Businesses around the world are finding themselves in unchartered waters. COVID-19 is having an unprecedented effect on...
NZ Government makes changes to Wage Subsidy scheme to keep workers in jobs
ARTICLE | 31 Mar 2020 | Mins to read: 2

NZ Government makes changes to Wage Subsidy scheme to keep workers in jobs

Effective 27 March, modifications to the Wage Subsidy Scheme will apply to ensure people don’t lose their...
NZ announces further assistance with wage subsidies, mortgages and business finance
ARTICLE | 29 Mar 2020 | Mins to read: 2

NZ announces further assistance with wage subsidies, mortgages and business finance

Wage subsidies Following this week’s Government announcement, wage subsidies will now be available for all employers that...
How NZ’s COVID-19 stimulus can boost your cash flow and provide necessary relief
ARTICLE | 19 Mar 2020 | Mins to read: 4

How NZ’s COVID-19 stimulus can boost your cash flow and provide necessary relief

This information is current as of the publish date, however due to the evolving response to the...
New Zealand pledges $8.7b for business assistance
ARTICLE | 18 Mar 2020 | Mins to read: 2

New Zealand pledges $8.7b for business assistance

This information is current as of the publish date, however due to the evolving response to the...
NZ Wellbeing Budget Update 2019
ARTICLE | 30 May 2019 | Mins to read: 6

NZ Wellbeing Budget Update 2019

Introduction Finance Minister Grant Robertson unveiled the Government's first Wellbeing Budget in Parliament today. Mental health and...
Benchmarking your practice
ARTICLE | 15 May 2019 | Mins to read: 3

Benchmarking your practice

‘Benchmarking’ is a term that has been around for many years in the business world, and it...
Our Top 5 ‘must-do’s for Pre-IPO enterprises
ARTICLE | 10 Apr 2019 | Mins to read: 4

Our Top 5 ‘must-do’s for Pre-IPO enterprises

Considering an IPO? We’re often approached for professional guidance from pre-IPO enterprises on their path to listing....
Improving the heartbeat of your business
ARTICLE | 27 Feb 2019 | Mins to read: 2

Improving the heartbeat of your business

How can you create a healthy heartbeat for the teams that operate in your practice? The reality...
Outsourcing as opportunity
ARTICLE | 27 Feb 2019 | Mins to read: 3

Outsourcing as opportunity

Outsourcing has developed a bad reputation over the years. Media coverage of outsourcing practices by high profile...
2019 Venture Capital Report
ARTICLE | 8 Feb 2019 | Mins to read: 5

2019 Venture Capital Report

Venture Capital investment in Australia reaches A$3 billion in 2018: William Buck 2019 Venture Capital Funding Report...
Sell your property now, or risk a big tax bill
ARTICLE | 5 Feb 2019 | Mins to read: 4

Sell your property now, or risk a big tax bill

Do you live overseas and own a house in Australia? If so, you may have less than...
Festive fraudsters risk to businesses
ARTICLE | 3 Dec 2018 | Mins to read: 2

Festive fraudsters risk to businesses

While the Christmas holiday break is traditionally considered a time to unwind and reflect on the past...
Maximising the sale value of your business
ARTICLE | 7 Aug 2018 | Mins to read: 2

Maximising the sale value of your business

Everyone wants top dollar when it comes to selling their business. This is understandable considering the business...
How Praxity firms are helping NFPs
ARTICLE | 22 Jun 2018 | Mins to read: 4

How Praxity firms are helping NFPs

This article first appeared in the Praxity Newsletter LOOP The not-for-profit (NFP) sector faces an increasingly complex...
Is your accounting system holding you back?
ARTICLE | 22 Jun 2018 | Mins to read: 4

Is your accounting system holding you back?

The Australian accounting software market is estimated to be worth over $500 million a year, so it’s...
Future proofing your business cyber safety
ARTICLE | 22 Jun 2018 | Mins to read: 4

Future proofing your business cyber safety

Digital transformation within your business, presents opportunities to streamline activities and create efficiency. However, understanding threats and...
NZ National Budget Update 2018
ARTICLE | 18 May 2018 | Mins to read: 4

NZ National Budget Update 2018

Introduction Budget 2018 build's on their initial “100-Day” Plan and prioritise 5 key areas: Rebuilding critical public...
How do you implement business strategy?
ARTICLE | 18 Apr 2018 | Mins to read: 2

How do you implement business strategy?

Quick Tip #3 Plan a strategy with a clear set of directions Most business have a strategy...
Building brand equity at board level
ARTICLE | 16 Apr 2018 | Mins to read: 2

Building brand equity at board level

Driving brand value within an organisation should not be the sole responsibility of the marketing department, a...
Creating and maintaining a Board for the times
ARTICLE | 12 Apr 2018 | Mins to read: 2

Creating and maintaining a Board for the times

A board not in step with its organisation’s lifecycle can become a major impediment to business growth,...
How can you improve customer experience?
ARTICLE | 10 Apr 2018 | Mins to read: 2

How can you improve customer experience?

Quick Tip #2: Create zero-friction by redesigning processes Without customers, a business would cease to exist.  Therefore,...
How can you make better business decisions?
ARTICLE | 3 Apr 2018 | Mins to read: < 1

How can you make better business decisions?

It is hard to imagine a more stressful and complicated environment than a fighter jet.  Along with...
Valuing your practice
ARTICLE | 1 Mar 2018 | Mins to read: 2

Valuing your practice

If the thought of retirement is sitting at the back of your mind, you are not alone....
What tax exemptions apply to transitional residents?
ARTICLE | 1 Jan 2012 | Mins to read: 2

What tax exemptions apply to transitional residents?

An individual who is a transitional resident qualifies for a four-year income tax exemption on certain foreign-sourced...

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