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 08/06/2023 Simon Manawaiti 08/06/2023

Paying Staff Reimbursements for Home Office use

Not all payments to staff need to be taxed, and can be treated as exempt income for the employee. For example employers can pay staff for using a home office space using either actual expenditure or through an exempt allowance. This blog also includes updated rates from 1 April 2023.

Simon Manawaiti 29/05/2023 Simon Manawaiti 29/05/2023

Tax Pooling: A Smart Solution for Late Income Tax Payments in New Zealand

Late income tax payments can lead to penalties, interest charges, and unnecessary stress for businesses and individuals in New Zealand. By utilizing tax pooling, Accountech Chartered Accountants and their clients can avoid these financial burdens and gain additional flexibility in managing their tax obligations. With TMNZ as a trusted intermediary, the process becomes even more efficient, providing peace of mind and saving both time and money. Choose tax pooling as a smart solution and let Accountech help you navigate the complexities of the New Zealand tax system.

Simon Manawaiti 24/05/2023 Simon Manawaiti 24/05/2023

Accounting Setup - is Xero the only option?

As a sole trader in New Zealand, finding the right accounting software is crucial for managing your finances efficiently. While Xero is a popular choice, there are several other alternatives worth considering. In this article, we'll explore the top Xero alternatives for sole traders in New Zealand, along with user reviews and information on popular invoicing apps.

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.