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Accounting tips for all of you savvy business people

General Tips, Business Basics Abbey Boobyer General Tips, Business Basics Abbey Boobyer

Kiwisaver for business owners

As a small business owner, it’s easy to put retirement savings on the back burner while focusing on running your business. However, contributing to KiwiSaver is a simple and effective way to build long-term wealth. Unlike salaried employees, who have contributions automatically deducted from their wages, self-employed individuals and business owners need to take proactive steps to contribute.

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General Tips, Business Basics, Tax Saving Abbey Boobyer General Tips, Business Basics, Tax Saving Abbey Boobyer

Saving for tax as a business owner

As a business owner, managing cash flow wisely is critical—not just for growth and stability but also for ensuring you're always prepared for tax time. Unlike employees who have tax deducted automatically from their paychecks, business owners must proactively set aside tax funds. The key? Knowing exactly how much to save and consistently putting it aside so you’re never caught off guard by a hefty tax bill.

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