Rising interest rates are coming. Ever since the reserve bank of NZ announced that inflation is higher than expected, there is a lot of interest surrounding the topic of interest. Remember how interest rates are an economic tool that central banks can use to control inflation? There has been a lot of discussion of how
Let’s talk about your pricing strategy today! Pricing is such a broad and tricky subject. SO MANY factors influence it. As we head into a global recession (no thanks to COVID), businesses have to re-adjust their pricing strategies to encourage customers to return. On the flip side, some economies may even experience inflationary pressures as
If I run my business at a loss I can avoid paying taxes right? It’s a question that as an accountant, I hear quite often. In the basics of tax we learn that we calculate tax as a % of profit. Profit is what you get after subtracting expenses from your income. There are a
Hi there accounting fans! Let’s talk about inflation and interest rates! No matter where we live in the world, we are suffering the effects of the COVID-19 pandemic. Apart from the obvious health effects, COVID-19 has also affected economies around the world. As countries like Malaysia enter a recession, we enter a new and unpredictable