It’s really hard to achieve your goals if you don’t have a plan to work towards. Yet some not-for-profits don’t have a budget at all. With a budget, you can see when things start veering off track and make changes [read more...]
Preparing annual reports for a charity involves more than printing a profit and loss report from Xero. There are specific reporting requirements, information to gather about your activities and sometimes an audit to fit in before the filing deadline. Getting [read more...]
New Zealand faces growing demands on government spending over the coming years. An ageing population, healthcare costs and infrastructure needs will all put pressure on public finances. Our view is that these pressures will create increasing demand for tax revenue. [read more...]
Audit questions can sometimes feel like they’re written in a language of their own. You might recognise the words but still be unsure what the auditor is trying to ask, or what information will satisfy the request. That can take [read more...]
If you move to New Zealand with shares, managed funds or other investments overseas, one of the more unusual parts of our tax system you may encounter is the foreign investment fund – or FIF – regime. The rules can [read more...]
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...]
Your Statement of Service Performance is an opportunity to show what your non-profit organisation is achieving. It can help make the case for supporting your work by telling the story behind the numbers. Too often, organisations keep using the same [read more...]
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...]
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...]
