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 27/11/2023 Simon Manawaiti 27/11/2023

Employing Family Members as a Sole Trader in New Zealand

While registered companies can freely employ family members, sole traders must seek approval from the Inland Revenue if they wish to bring their spouse or partner into the business.

Simon Manawaiti 05/09/2023 Simon Manawaiti 05/09/2023

Navigating New Zealand's Platform Economy Tax Changes

We explore the implications of new legislation on GST, information collection, and the responsibilities of platform operators. Learn how these changes impact businesses and individuals in the platform economy and gain insights into how accountants can adapt to best serve their clients in this evolving landscape.

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.