Blog

Unit title owners: Understanding audit options

Posted by Andrew Millington
on June 8, 2025

As a unit owner in a unit title development (and assuming you go to the AGM!) you will be asked as to whether you believe the financial statements should be audited for the year. What is a financial statement audit? [read more...]

Introducing Karbon: our new client platform

Posted by Andrew Millington
on May 30, 2025

As part of our commitment to improving your experience with The Accounting Hub, we’re excited to introduce Karbon, our new practice management platform. This shift will bring clearer communication, easier document sharing, and a more streamlined way to work with us. [read more...]

Contractors vs employees: Key considerations and calculations

Posted by Andrew Millington
on May 30, 2025

With the news in the Budget 2025 that KiwiSaver employer contribution rates are to be increased to 4% from 1 April 2026, it’s worthwhile considering how this impacts an equivalent salary calculation for comparing employees with contractors. While contractors can offer flexibility, [read more...]

Our Karbon transition: what to expect this month

Posted by Andrew Millington
on May 30, 2025

We’re making the switch to Karbon this month, and while we’re excited about the benefits, we also know that change can take a little getting used to. Here’s what you need to know as we roll it out across the practice. We’re [read more...]

Contracting vs. company structure for IT professionals

Posted by Andrew Millington
on March 23, 2025

If you’re operating as a sole trader in the IT industry, one of the key decisions you’ll face is whether to set yourself up as a contractor or through a company structure. Both options offer distinct benefits, depending on your [read more...]

IRD’s enhanced data matching: what property investors need to know

Posted by Andrew Millington
on March 21, 2025

The Inland Revenue Department (IRD) has significantly improved its data-matching capabilities following the completion of its START (Simplified Tax and Revenue Technology) program. This multi-year business transformation initiative, which cost approximately $1.5 billion and was completed in 2022, was designed [read more...]

Upcoming changes to tax rules for not-for-profits – have your say

Posted by Helen Willis
on March 19, 2025

The IRD has released a consultation document examining the tax treatment of the not-for-profit sector in New Zealand. This review could lead to significant changes in how not-for-profits are taxed, particularly those operating businesses. If you’re involved in a charity, [read more...]

Incorporated Societies Act 2022: new requirements & re-registration by April 2026

Posted by Andrew Millington
on March 1, 2025

The Incorporated Societies Act 2022, which came into force on 5 October 2023, modernised the legal framework for incorporated societies in New Zealand, replacing the outdated Incorporated Societies Act 1908. This new legislation introduced several key changes aimed at improving [read more...]

IRD compliance checks: what to do if you receive a letter

Posted by Andrew Millington
on February 18, 2025

Recently, we’ve seen clients receiving letters from Inland Revenue notifying them that their business has been selected for industry monitoring. If you receive one of these letters, there’s no need for immediate concern—this doesn’t automatically mean an audit is coming [read more...]