The do’s and don’ts of claiming home office expenses

Sssshhh, can you hear that? That’s the sounds of the home office a.k.a mega productivity, peace and quiet, comfort and silence! Home (office) is where the heart is Studies show remote or home-based workers are more productive, better for the environment (no travel emissions), are happier and healthier (have less sick days and less time off) and churn out quality work because it is nice and quiet and un-interrupted. Best…  Read more

Avoid these 5 costly accounting mistakes

A Canadian bank recently surveyed over 500 small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the “love” category. Meanwhile, almost 60% said bookkeeping was hands-down their most hated task. Most business owners understand that effective financial management is key to their success. But lack of knowledge, frustration, and even avoidance can add up to accounting…  Read more

3 tech savvy Kiwi business we think you should know about

Here at the Accounting Hub we love innovation and cutting edge ideas. We are very lucky to work with some super cool businesses. We love business owners who think differently and find smart ideas on the edge of what is possible. Here are a few other businesses we have been reading about who are using technology to its best advantage. SwiftMed SwiftMed, quite simply, is an online doctor. This Kiwi…  Read more

Managing your small business finances 101

If you run your own enterprise, there’s a good chance that going into business had a lot to do with money. But once you’re actually in business, finances can pretty quickly become overwhelming. So grab a notebook, and set aside a couple of minutes, because we’re starting with basics and breaking down everything you need to know. Here’s our Small Business Finance Management 101! Step one: know why finances matter!…  Read more

Useful financial tools for creative agencies

Creatives inspire. The people who throw passion and colour into the world are often the ones with an incredible interest in many things… except numbers. So it is no surprise at all that finance and accounting are often two things listed by creative agencies as being the biggest challenge of running a business. When all you want to do is share your creative passion with the world, there is nothing…  Read more

What’s a CRM and does your business need one?

Many complex moving parts are involved in operating a profitable company, but at its core, business success hinges on just one thing: customer relationships. Which is why customer relationship management (CRM) software is vital for entrepreneurs who want to grow their businesses. A CRM solution helps your company nurture and improve customer relationships by maintaining centralized data on all your leads and existing clients. With access to a history of customer…  Read more

Sustainable business initiative highlight: The Realness

As an innovative, human-centred small business, The Accounting Hub recognises the need to support other people-driven small businesses, especially those having an enormous positive impact despite their small size. These small businesses are the driving force when it comes to adopting and delivering on sustainable issues, as their personal approach to business allows them to give social and environmental agendas the same priority as fiscal goals. We love highlighting small…  Read more

5 reasons you should consider co-working space for your small business

The rapid growth of the co-working movement has made it a global phenomenon, and with good reason. Co-working, or shared office space, offers a whole host of benefits from expanding your personal and professional networks to eliminating distractions from the fridge and TV. While the list of positives is a long one, here are just our top five reasons why you should consider co-working space for your small business. 1.…  Read more

Latest stage of Inland Revenue’s tax system upgrade

In what was one of the largest data migrations undertaken by any government agency in New Zealand, around 20 million income tax records, representing around $5 billion in financial transactions, were moved from Inland Revenue’s legacy software to a new system during a seven day shutdown over Easter 2019. Inland Revenue began rolling out its business transformation programme in stages two years ago. The latest upgrade during Easter 2019, was…  Read more

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