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How Engaging a Bookkeeper Can Reduce Your Small Business Accounting Fees

While it may seem like hiring a bookkeeper adds an extra layer of cost, it can actually lead to significant savings on your annual accounting fees. Read more

How to Prepare for the End of the Financial Year

Reconcile Your Accounts 🔎 There are three key areas to check to ensure all transactions are reconciled and matched to your financial records correctly. Check your Debtors (Aged Receivables) Report Read more

Maximizing Entertainment Expenses: A Guide for Small Business Owners

However, for small business owners in New Zealand, navigating the Inland Revenue's (IR) rules around these expenses — especially when it comes to staff gifting and the potential implications of Read more

Navigating Tax Time for Sole Traders

This blog offers guidance to help sole traders navigate tax obligations effectively. Read more

Setting Up a New Business: Bookkeeping Basics

This blog provides a simple guide to setting up effective bookkeeping practices. Read more

The Benefits of Outsourcing Your Bookkeeping

Save Time and Focus on Core Business Have you ever head the saying 'admin is a black hole'? ⏳ By outsourcing bookkeeping and payroll services, business owners can focus on growth, strategy, and Read more

Effective Debt Management for Small Businesses

Let's face it, debt is part of life. It can be required for being able to provide the capital for growth, but can also get out of hand if not managed correctly, leading to risk of cashflow Read more

Understanding KiwiSaver for Employers

Employer Obligations Employers must deduct employee contributions from wages and make employer contributions unless the employee opts out, or if the employee is under the age of 18 or over 65. The Read more

Cash Flow Management Tips for Small Businesses

Monitor Cash Flow Regularly 📊 Regularly reviewing your cash flow statements helps you understand your business's financial health. This can be a simple as keeping a spreadsheet to identify Read more

Understanding Business Expense Deductions: What Can You Claim?

What Are Business Expenses? Business expenses are costs incurred in generating income for your business. These can include obvious things like the product you buy to onsell to customers, through to Read more

GST in New Zealand: What Small Businesses Need to Know

What is GST? GST is a tax added to most goods and services in New Zealand (including imports), currently set at 15%. It is a tax for people who buy and sell goods and services. If your business Read more

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