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

R&D Tax Incentive: Understanding Eligibility for Your Business

We want to shed some light on the Research and Development (R&D) Tax Incentive in New Zealand and help you determine whether your business is eligible to take advantage of this fantastic opportunity.

Simon Manawaiti 31/07/2023 Simon Manawaiti 31/07/2023

Recent Tax Updates - What Auckland Business Owners Need to Know

In this blog post, we'll delve into the key updates introduced by the Public Act 2023 No 5 and how they might affect your operations.

Simon Manawaiti 17/07/2023 Simon Manawaiti 17/07/2023

Benefits of being in Business vs Employment

As a small business owner in New Zealand, you have a unique advantage when it comes to taxes. Owning a small business opens up a world of opportunities for tax savings and wealth creation. In this blog post, we will walk you through the key aspects of how tax works for small businesses in New Zealand, highlighting the benefits and strategies you can utilise to maximise your tax savings.

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.