top of page
Tips, Tools & Tax Chat
From tax tips to time-saving tools, business advice to bookkeeping basics—we share the stuff every small business owner should know (without the jargon). Whether you’re here to learn, stay up to date, or just feel a bit more in control, you’re in the right place.
Search


Small Business Cash Flow Problems: How to Fix Them and Build a Stronger Business
Struggling with small business cash flow problems? Learn how to fix cashflow problems, improve accounts receivable, strengthen debtor management and use cash flow forecasting to build a stronger business.
6 days ago


Why “Quick Questions” Aren’t Always Quick (and Why We Sometimes Charge)
So if you’re ever unsure, ask an accountant. And if it turns out to be quick, great. If it needs more work, we’ll tell you upfront and help you decide the best next step.
That’s how we keep things clear, fair and working properly for everyone.
Jan 28


IRD can tell your bank to pay them first. What to do before the money disappears
IRD is stepping up IRD debt collection and sending more bank deduction notices. Learn what happens when IRD takes money from your account and how to act early.
Dec 2, 2025


What Is Business Advisory and Why It Matters for Small Businesses
Discover how business advisory helps small businesses plan, grow and stay accountable. Learn what advisors do and how they differ from accountants.
Nov 11, 2025


How Small Businesses Can Spot the Warning Signs and Avoid Insolvency
Learn how to spot the warning signs early and take action to avoid insolvency. Practical steps to reduce the risk of voluntary liquidation with My Two Cents.
Oct 14, 2025


We’re Now My Two Cents Accounting & Advisory
We’re now My Two Cents Accounting & Advisory. Alongside accounting and tax, we provide practical business advisory, business advice and business coach support to help small businesses find clarity, direction and growth.
Oct 6, 2025


“Do I Just... Sign It?”: A Friendly Guide to Reviewing Your End-of-Year Financials (Without the Panic)
Feeling unsure about your end-of-year financial statements? Our friendly guide walks you through what to check before signing off, helping you avoid mistakes and stay in control of your business finances.
Jul 7, 2025


Rebates, Gift Cards, and Tax: A Simple Guide for Small Business Owners
Learn about the tax implications of gift cards and rebates for small businesses. Get the facts on rebate taxes and gift card taxes, and how they affect your business’s tax obligations.
Jun 5, 2025


Keep Ahead: Essential 2025 Tax Dates
Stay ahead with our guide to important NZ IRD dates for 2023. Mark your calendar to avoid penalties. Learn more about income tax, GST, PAYE, and AIM deadlines here.
May 22, 2025


Master Your Cash Flow: The Ultimate Guide to Getting Invoices Paid on Time
Unlock your cash flow with this ultimate guide for small businesses. Learn effective debtor management strategies, improve accounts receivable processes, and streamline your debtor management procedure to get invoices paid faster.
Apr 28, 2025


Get Ready for the Financial Year End and New Financial Year!
The end of the financial year is fast approaching! Get your business ready with our essential checklist, covering everything from stocktakes
Mar 1, 2025


Streamline Your Expense Tracking with TaxSnaps
Ditch the shoebox of receipts! Streamline your expenses tracking with TaxSnaps—an IRD-approved app for self-employed pros and small businesses. Snap, store, and share receipts with ease, and enjoy secure cloud storage, easy reporting, and exclusive My Two Cents discounts.
Nov 14, 2024


Work-Related Meal Deductions: Explained! (Includes Examples)
Confused about work-related meal deductions in New Zealand? Learn what meals are deductible, including business travel, employee expenses, and client entertainment. Real examples explained.
Sep 23, 2024


Decoding Employment Types: Casual, Part-Time, and Fixed-Term Explained
Decoding employment types is key for compliance. Learn the differences between casual, part-time, and fixed-term employees to avoid costly mistakes. Get expert accounting advice tailored for nonprofits.
Jun 11, 2024


Should you buy or lease your business assets?
Wondering whether to buy or lease business assets? Learn the pros and cons of leasing vs buying equipment, vehicles, or machinery, and how each option impacts your business finances and tax position.
Jun 1, 2024


Claiming Motor Vehicle Expenses - the need to knows!
Learn how to claim motor vehicle expenses for business use in NZ. Discover IRD-approved methods like log books, kilometre rates, and actual cost claims to stay compliant and maximise your deductions.
May 24, 2024


GST changes for short term accommodation and online services
New GST rules apply from 1 April 2024 for Airbnb, short term accommodation, ride share, and food delivery platforms. Here is what hosts and small business owners need to know, including how Marketplace operators will collect and return GST.
Mar 24, 2024
bottom of page
