Yin means “shady side”, while Yang means “sunny side”. My husband and I sometimes Yin and Yang – I’m usually the Yang, seeing the opportunity, the upside, the benefits, why and how it could work. Hubby considers the Yin – the downside, what can go wrong, the risks to… Read More
Continue ReadingFrom 1 July 2021 new rules require both parties to a sale and purchase of two or more assets with different tax treatments to allocate the same amounts for each asset. Background to the tax change When buying or selling a business the parties typically focus on the total sale… Read More
Continue ReadingA crystal ball would be amazing! Imagine if you could foresee how different decisions and scenarios might play out! If I took that job, chose that degree, dated that person, or made that phone call – how might life/business have turned out? Unfortunately, we’ll never know. Unlike the classic 1998 movie… Read More
Continue ReadingApril and May are taxing times for businesses. For tax payers with a 31 March balance date terminal tax for 31 March 2020 was payable 7th April 2021, and the final instalment of provisional tax for 31 March 2021 is payable 7th May 2021. There is also monthly PAYE payable… Read More
Continue ReadingI was commuting when I heard that Team NZ had overtaken the Italians in light wind winning Race 7, and were leading in Race 8 of the America’s Cup Regatta. The Southern motorway was slow, perhaps even slower than the breeze on the Waitemata Harbour at the time. Then a… Read More
Continue ReadingLife is perfectly balanced and cyclic: night follows day summer, autumn, winter, spring sowing, growing, reaping, sowing intense periods followed by rest periods. A life well lived involves balancing the “mighty eight” – physical, financial, business, lifestyle, mental, spiritual, family and relationships. We feel stress if we try to do… Read More
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