Brett Crombie
Business; A tug between Chaos and Order
As I write, yet another wave of Covid-19 is sweeping through the country and impacting businesses in all the ways we are now familiar...
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Brett Crombie
- Apr 1, 2022
- 1 min
What's your plan for 2022?
Check out Straightedge Accounting's latest business tips article published in the NZ Plumber Magazine.
Brett Crombie
- Jan 19, 2022
- 3 min
Perks of the job?
There are a lot of positives to owning and operating a trade business. To name just a few, business owners enjoy flexibility, autonomy, a...
Brett Crombie
- Nov 24, 2021
- 2 min
How should I account for my trade vehicle fitout cost?
Let’s say you’ve just bought a new trade vehicle. It’s an empty shell for now, but you’re keen to fit it out with tool racks and sliding...
Brett Crombie
- Nov 24, 2021
- 2 min
Great, your trade business is growing, now what? Focus on these 3 things
Customer relationships Initially you’re selling your service one client at a time. Let’s say you’re a builder. You’re working on the...
Brett Crombie
- Nov 2, 2021
- 2 min
How should tradies react to interest rate rises?
Things sure are changing fast in NZ. Just a few months ago we had record low interest rates and the Reserve Bank Governor was telling us...
Brett Crombie
- Oct 26, 2021
- 2 min
Should I register a company or be a sole trader?
A common question when Kiwi tradies are setting up on their own is, ‘Should I register a company or be a sole-trader?’ Here are 3 things...
Brett Crombie
- Oct 15, 2021
- 3 min
How do I save tax on my trade vehicle?
A trade vehicle is often one of the main business assets tradies buy, so it pays to think on how to maximise the tax savings....
Brett Crombie
- Oct 11, 2021
- 2 min
How do I save tax on my trade tools?
Trade tools are costly and there are tax savings to be made if you know a bit about the rules. Here are three tips that could boost your...
Brett Crombie
- Oct 1, 2021
- 3 min
New sick leave provisions: Should tradies review their charge out rate?
Trade businesses could be forgiven for feeling under fire from legislative changes lately. The additional public holiday to recognise...
Brett Crombie
- Jul 30, 2021
- 2 min
Can tradies claim meal costs for tax?
So you & the team are flat out on the job and eating a ton. Food costs heaps these days & you might be thinking, ‘Can I claim all these...
Brett Crombie
- Jun 8, 2021
- 1 min
The service mindset
Have you ever had an evening alone and cooked up lazy packet noodles for dinner? Would you ever think of doing this if you were preparing...
Brett Crombie
- Jun 1, 2021
- 1 min
Tax news - Home office allowances
News of interest to any business owners with a home office. Tax deductions are allowed for businesses with a home office, and the IRD has...
Brett Crombie
- May 31, 2021
- 1 min
The fire of business
Like on most mornings through the Dunedin winter today's first job was to light the fire. The wood was a little damp and it took a while...
Brett Crombie
- May 5, 2021
- 2 min
A lesson in brevity from Sir Winston Churchill
A recent book I read covered the appalling period in late 1940 when Hitler’s forces heavily bombed England in preparation for a land...
Brett Crombie
- Apr 9, 2021
- 2 min
Tax deductions for meal expenses
How to maximise tax savings while keeping employees well fed. For both self-employed plumbers and companies with employees the question...
Brett Crombie
- Feb 18, 2021
- 2 min
Is your business maximising the Small Business Cashflow (Loan) Scheme?
Recent changes have made this scheme even more useful than before. Early last year the government announced the Small Business Cashflow...
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