RightWay New Zealand - Blog

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Do you have a plan for future changes?

23 June 2020 / By RightWay Ltd

After being COVID-19 free as a nation for 24 days, we hit a bit of a bump in the road last week with several new cases and counting. While it is in no way cause for panic or any great concern, it is however a timely reminder that we are living and working in a fragile situation that is out of our ...

Cash is king - have you got a plan?

5 June 2020 / By RightWay Ltd

Having a plan for your cash flow is vital to ensuring your business succeeds during these uncertain times. But how do you forecast your cash when there are so many uncertainties?

Face business challenges with the right advice

28 May 2020 / By RightWay Ltd

Running your own business is tough, fraught with challenges (especially at the moment!), but hugely rewarding.

Budget 2020 - what does it mean for Kiwi business owners?

21 May 2020 / By RightWay Ltd

The 2020 budget is the next step in the Government’s fight against, and recovery from, COVID-19. It is also arguably the biggest budget we've seen in New Zealand's history. So what money has the Government set aside to go where?

Operating in COVID-19 Alert Level 2

8 May 2020 / By RightWay Ltd

Freedom? Almost! I think we've all been eagerly awaiting the Alert Level 2 guidelines from the Government, which were officially announced Thursday May 7. We can now confirm that we will see a return to shopping, eating out, weddings, travelling in New Zealand, schools, sport, and seeing friends - ...

5 tips for reopening your business at COVID-19 Level 3

23 April 2020 / By RightWay Ltd

It's official, we're moving to COVID-19 Alert Level 3 on Tuesday April 28! We heard the collective sigh of relief from business owners across the country.

Operating your business in the different COVID-19 alert levels

9 April 2020 / By RightWay Ltd

As we're hitting week three of the nationwide lockdown, it's a really good time to assess where you're at with your business, and start to look at how you could operate at the different alert levels. We covered managing your cash flow during COVID-19 here, hopefully you've put in place some steps ...

Managing your cash during COVID-19

2 April 2020 / By RightWay Ltd

To be feeling nervous about your business (and in general!) is not only normal, but to be expected under the current situation. Not knowing how long this lockdown will last is the hardest part of it.

COVID-19 income subsidies - latest modifications

26 March 2020 / By RightWay Ltd

Since the initial business support package was announced, there have been some significant updates, including a total nationwide investment of between $8 billion and $12 billion, depending on the uptake by businesses. We're going to look in more detail at the wage subsidy and what that leave ...

Business actions during COVID-19

19 March 2020 / By RightWay Ltd

The COVID-19 outbreak is at the front of many people’s minds right now, especially for business owners. A recession in New Zealand is now almost certain so we’re here to help business owners as they navigate these challenges.

RightWay packages and pricing

17 March 2020 / By RightWay Ltd

People often ask us why we don’t have prices on our website. This is because unlike many old school accountants we don’t charge you by the minute. We put together a plan that fits with you with ongoing support, and charge a monthly fee for that.

Question & answer time with your accountant - part 2

25 February 2020 / By RightWay Ltd

We covered off some of the ways your accountant can help you in your business in part 1. Below we continue to cover some of your most burning business questions.

Question & answer time with your accountant - part 1

5 February 2020 / By RightWay Ltd

There’s no argument that every good accountant should help you stay on top of your tax obligations. But how can your accountant go beyond this? Can your accountant help you take control of your cash flow, your strategic direction, or even simply your work-life balance? The answer is yes! Your ...

Ring fencing rules now in effect

9 December 2019 / By RightWay Ltd

Changes that limit the offsetting of rental property losses against individual income are now in effect and apply from the 2019-20 tax year.

Top 30 accounting firms in New Zealand 2019

26 November 2019 / By RightWay Ltd

This November RightWay was ranked 18th in the CAANZ and Fairfax Media Top 30 Accounting firms in New Zealand. What an achievement! The list aims to benchmark accounting firms across the country on revenue, pro bono hours, gender diversity, and innovation. We’re continuously aiming to innovate and ...

The better business guide to Xmas borrowing

14 October 2019 / By RightWay Ltd

The summer holiday is usually a time when we get together to eat good food, enjoy special moments with whanau, and have a classic Kiwi holiday involving a beach, bach or boat. It’s also a time when your business cash flow is mainly heading out of town too. To avoid the December to January squeeze, ...

The why and how of better business forecasting – part 2

10 September 2019 / By RightWay Ltd

In part 1 of this two-part series on forecasting (we’ll wait for you while you read it), we discussed why it’s important for any size or type of business to get into the habit. Then we looked at four ways to help improve your forecasting accuracy. Today, we delve into the next four. In part 2, ...

The why and how of better business forecasting – part 1

10 September 2019 / By RightWay Ltd

You might see forecasting as a waste of time, or something you do when you have absolutely nothing else on your plate (which is, um, never). Or you may have been diligently forecasting each month in the past, and stopped once you found that reality turned out quite differently to your best laid ...

Does your accountant look beyond the numbers?

27 August 2019 / By RightWay Ltd

As a business owner, your relationship with your accountant might be pretty transactional. And while your accountant may only be focused on completing your annual accounts and sorting your tax obligations, there are huge benefits to choosing a team who look beyond the numbers. Commonly, the ...