How much does it cost to hire an accountant for a small business?

Even in your average small business (1-3 employees, less than $500k turnover) there will be a broad range of options for accounting and finance including getting specialise setup, tax structuring advice, finance systems and processes together with the everyday bookkeeping and accounting functions.

Is an accountant needed for a small business?

An accountant can offer comprehensive startup and ongoing small business advice, while making sure tax compliance is prepared and filed with the relevant authorities on time.

What is the role of an accountant in a small business?

Being a business owner can be a tough job, and it’s good to have a trusted advisor to lean on in times of complexity or uncertainty. An accountant will be able to help you navigate your business through these times, and help keep compliant with relevant tax authorities.

Xero is an integrated accounting platform that can complete all small business invoicing, receipts, bank transactions and reporting for the IRD. Being cloud based means your advisers can have access to your information in real time.

Is Xero Accounting any good?

Xero is a great tool for small businesses as it gives you real time access to the financial data of your business - information we couldn’t imagine being in business without.

Simon Manawaiti 17/05/2023 Simon Manawaiti 17/05/2023

Transitioning to AIM: Simplify Your Provisional Tax

If you are tired of the traditional approach to calculating and paying your provisional tax, it's time to explore an alternative method that aligns your tax obligations more accurately with your actual income.

Simon Manawaiti 15/05/2023 Simon Manawaiti 15/05/2023

When are Legal Fees deductible for Tax?

According to the Income Tax Act in New Zealand, legal fees can be deductible if they are incurred for the purpose of deriving income or are directly related to a taxpayer's business activities.

Simon Manawaiti 05/05/2023 Simon Manawaiti 05/05/2023

When is it Uneconomic to Use the FBT Method for Vehicles?

We explore when it becomes uneconomic to use the FBT method for motor vehicles owned by companies in New Zealand.

Simon Manawaiti 28/04/2023 Simon Manawaiti 28/04/2023

Working From Anywhere - are these costs deductible?

Contractors and business owners based in New Zealand who can work remotely could take advantage of similar WFA arrangements at travel resorts around the world by making work the predominant purpose of their trip.