If you have reached the stage where you are ready to expand your business and open up another location or branch in another site, first of all – congratulations!

The hard work is only just beginning for this next phase of your small business’ development, and the first thing you’ll need to do is get your planning sorted. We hope the following tips come in useful for you:

To accompany the changes in the tax laws from 1 October 2015, the IRD has now introduced new IRD number application forms for non-resident/offshore non-individuals (IR744) and non-resident/offshore individuals (IR742).

These require far more detailed information to be supplied than previously. Key changes are as follows:

Most businesses get bigger by osmosis. It just happens.

They grow by people numbers, customer numbers, business premises and the turnover certainly grows. But the profit does not necessarily grow in line with turnover. It frequently goes backwards – or stays around the same.

Alliott Group ranked 13th by leading professional publication Accountancy Age in 2015 league table of International Associations and Alliances.

The Group has risen two places since last year which is due to a 20% rise in the total revenue of its 160+ member firms. Alliott Group’s members saw the second highest percentage rise in revenue of all networks and associations/alliances.

NZ’s recent Budget shows it’s still a good time to invest in New Zealand with a surplus forecast in 2016, low inflation and good economic growth.

Tight controls over spending with investment in crucial growth areas are an important part of this forecast.

Are you doing business in New Zealand but all your banking arrangements are set up in Australia? Tired of spending your time and money on International Money Transfers? If the answer is ‘yes’, then it’s time to take the plunge and open an NZ bank account.