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Common Payroll Errors: How They Impact Your Business

Payroll errors are a risk for any business. Getting it wrong can be costly, not only in terms of time and money but also legally. Processing payroll requires meticulous calculations, data entry, record-keeping, and ensuring you stay compliant with IRD. Not to mention, getting it wrong can affect trust amongst your employees.Do you get frustrated with the ever-changing legislation and regulation updates in employment law in New Zealand? Minimum wage adjustments, leave calculations, tax code brack...

Budgeting Strategies for Business

It's not uncommon for people to forgo budgeting. In fact, during my time at the Tauranga Budgeting Services, I saw this quite a bit – not just with individuals, but with businesses as well. Why haven’t you set up a budget for your business? A well-structured budget can provide stability, help your business achieve its financial goals, and give you something to work towards. It allows you to track your financial expectations for the month, quarter, or year. It provides a benchmark for your pe...