Ever sat in your accountant’s office for your year-end review and heard: “Good news — you made a healthy profit this year!”
Only to leave scratching your head, wondering why your bank account tells a very different story?
You’re not alone. This is one of the most common frustrations we hear from business owners — especially Tradies running small teams.
It’s one of the most common questions business owners ask—and for good reason. Choosing the wrong method can lead to unexpected tax bills, compliance issues, or cash flow problems. The best approach depends on your business structure: sole trader, company, or trust. Here’s what you need to know to stay compliant and get paid the smart way.
20 Niven Street, Onekawa, Napier 4110
