Sustainable Accounting News

March 10, 2024
Review your expenses – and save yourself money

Running a business will always mean incurring certain expenses, or ‘spend’. Whether you’re a large family business or a small fledgling startup, there will be costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. […]

October 3, 2023
Which employee gifts are tax exempt?

Whether it’s for reaching a sales target, a birthday, Christmas or just to say thanks, sometimes you want to buy gifts for your employees. Although it’s a nice gesture, as a business owner it can be unexpectedly complex to provide staff perks. Perks like subsidised gym memberships and discounted products will attract fringe benefit tax, […]

June 2, 2023
Top tips for getting your financial year end work completed quicker

A new financial year is upon us and that means that it’s time to check the accuracy of your financial information in your accounting software for the past financial year, and to gather the documentation that we, as your accountant, will need to finalise your accounts and file your tax returns.The sooner we have this […]

May 13, 2023
Are you making the most of your business data?

Are you recording, measuring and analysing enough of the data being generated by your business? With so many apps and digital solutions now available to businesses, there's a wealth of useful data to trawl through – and plenty of hidden insights for you to benefit from. Here are 5 ways to get more insights from […]

April 9, 2023
Business tips: Making the most of digital and cloud

Transforming into a digital business sets the best possible infrastructure for your future growth. And, as your business scales, the benefits of going digital will start to become obvious. Running your key business processes in the cloud and using the latest digital software and apps adds to both your efficiency and your productivity. And, most […]

February 19, 2023
Stocktake Survival Tips – The End* is Nigh.

*The End of the Year… not the Zombie Apocalypse With 31st March coming soon, it’s that time of year for businesses that sell stuff to count their stuff.  Seems simple – it’s just adding up right?  But for many this can be a chaotic and stressful day that causes minor hair loss.  However, like anything, […]

November 29, 2022
What should you consider when choosing any software system for your business?

The world today seems to be filled with many choices and this is no different when you are making decisions for your business. Add marketing into that and how do you know that you are making the right decision on any accounting system you are using for your business and not just choosing based on […]

November 13, 2022
Accounting myths busted - my mate from the pub said I can claim . . . .

As accountants our job is to work with our clients to help them ensure they are compliant with tax law and answer questions they may have along the way. At EBS we enjoy talking to our clients and we are here to help so we get lots of questions and often they are the same. […]

October 11, 2022
How is Income Tax calculated?

One of our biggest jobs as accountants is advising on what tax to pay and when. It is very important that we get this as accurate as we can if you pay too little the Inland Revenue charges penalties and interest, pay too much and this money is left at Inland Revenue earning very little […]

September 16, 2022
Accounting Myths Busted - You don't pay tax in your first year of trading

As accountants our job is to work with our clients to help them ensure they are compliant with tax law and answer questions they may have along the way. At EBS we enjoy talking to our clients and we are here to help so we get lots of questions and often they are the same. […]

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