"The secret of change is to focus all of your energy not on fighting the old, but on building the new. - Socrates
Hi there
Welcome to the May edition of our newsletter!
This month we’re diving into the key takeaways from NZ Budget 2025 and what it means for your business, from tax changes to investment incentives. We’re also sharing practical tips to help you stay in control of your business budget, plus a reminder to check out the Healthy Business Checklist, a great tool to assess how your business is tracking.
And if GST is still giving you a headache, we’ve got you covered. Learn how we can help simplify your GST and keep you compliant without the stress. As always, if you have any questions or need support, feel free to get in touch or email us at support@dva.co.nz.
What Budget 2025 Means for NZ Businesses
The Government’s latest Budget brings a mix of opportunities and changes for Kiwi businesses. From the new Investment Boost scheme, offering a 20% tax deduction on new assets to phased KiwiSaver contribution increases, the changes are designed to support growth and long-term resilience.
We’ve broken down the key announcements like infrastructure investment, startup funding and IRD compliance changes and what they could mean for your business.
Effective budgeting isn’t just about cutting costs, it’s about making confident, informed decisions that support your business goals. In this blog, we share four practical ways to take control of your budget, from tracking projected sales to managing variable costs.
Whether you're planning for growth or tightening up your cash flow, these tips will help you stay one step ahead.
Running a business means juggling daily tasks but stepping back to assess your business health is essential for long-term success. The Healthy Business Checklist, provided by the NZ Government, is a free, practical tool to help you evaluate and strengthen key areas of your business.
Key Areas to Review:
Insurance Coverage: Ensure your business, assets and people are protected.
Business Continuity Plan: Prepare for disruptions with a solid recovery strategy.
Cash Flow Management: Build a cash buffer and forecast to stay financially stable.
Strong Relationships: Foster trust and collaboration with customers, suppliers and staff.
Managing GST can be time-consuming and complex. Between the rules, tight deadlines and the risk of costly errors, it’s easy to feel overwhelmed. At DVA, we take the stress out of GST compliance so you can focus on growing your business.
From return preparation and filing to Xero coding, reconciliation and registration support, we make sure everything’s accurate, compliant and stress-free.
