Blog

Accounting requirements for small not-for-profits

Are you a small charity or incorporated society paying too much in accounting fees? I recently met with a small incorporated society that was paying more than $4,000 per year for their annual financial statements. The reports prepared used the [read more...]

Employment Leave Act 2026: employer guide to the 2028 changes

New Zealand’s Holidays Act 2003 is being replaced by the Employment Leave Act 2026, with most of the new rules coming into force on 6 August 2028. The changes are intended to make leave easier to calculate, record and understand. [read more...]

Karbon is now even easier to use

At The Accounting Hub, we are always looking for ways to make your accounting and tax life easier. In fact, one of the reasons we established the firm was to use new technology to reduce the administrative workload for business [read more...]

How to protect your small business or charity against fraud

It seems there is barely a month that goes by without another story appearing in the news about an employee who has stolen thousands, sometimes hundreds of thousands, of dollars from their employer. The reality is that most fraud does [read more...]

Cryptocurrency and tax: a growing blind spot for many professionals

Most of our professional and doctor clients who own cryptocurrency would not describe themselves as crypto investors or traders. In many cases they purchased some Bitcoin or Ethereum several years ago, made a few trades, and then largely forgot about [read more...]

What are you buying when you buy into a medical practice?

From working with medical practitioners over the years and also personal experience in looking at opportunities on behalf of my wife (a GP), one question that I get asked from time to time is “Should I buy into the practice?” [read more...]

Investing has changed – but has your tax thinking kept up?

For many years, New Zealanders looking to grow their wealth had two main options: term deposits and property. Building a diversified share portfolio in the style of Warren Buffett was often out of reach for ordinary investors, as buying a [read more...]

The importance of a budget to your business

One of the basics of running a successful business is setting a budget each year. Without one, it’s easy to muddle through and simply hope this year’s results are better than last year’s. A budget helps you take control of [read more...]

Square metre rate for calculating your home office expenses

If you run a business from home, or use part of your home primarily for business purposes, you can often claim a proportion of household costs as business expenses. So, how do you calculate this? Well, traditionally, the process has [read more...]