Running a small business is already a juggle, you’ve got customers to look after, bills to pay, and a million other things on your plate. The last thing you need is the hassle of chasing up unpaid invoices. If you’re dealing with slow payers, you’re not alone. Many Kiwi business owners face the same struggle. […]
Managing Aged Debts and Improving Cash Flow in New Zealand
Are you dealing with aged debts that are affecting your business cash flow? Before considering writing them off for tax purposes, it’s essential to follow the correct process to ensure compliance with IRD guidelines and optimise your financial position. In New Zealand, debts cannot be written off for tax purposes until all reasonable efforts to […]