Category: Accounting & Finance

Hubdoc & Xero: reduce mistakes & audit-proof your business

Many of our clients view document storage as a low priority job and rely on their email file or pieces of paper to store invoices associated with expenses that they are claiming. Although it’s tempting to work this way its [read more...]

Tax compliance: how to have a happy relationship with IRD

There’s no two ways about it; if you run a business, then you might as well embrace your relationship with Inland Revenue as it’s not going anywhere! Whether you’re in the retail sector, or professional services, what will help this [read more...]

How cash flow forecasts can help your business

Managing cash flow is a vital part of running a successful business especially in the current economic climate. Some business owners think managing cash flow simply means keeping track of how much money enters and leaves their business, but there’s [read more...]

Starting Strong: Getting Tax Right In Your First Year Of Business

Finding your feet in the first year of business can seem like an ever-evolving task list, but tax is one thing to get ticked off quickly. Instead of waiting for your tax situation to snowball with a surprising result come [read more...]

Separating personal and business expenses

There are some things in life that go together well and others that definitely do not. Business and personal finances are in the category of items that should not be mixed. Although it may seem like a headache to keep [read more...]

New to New Zealand? Here’re your facts on tax residency

There is nothing quite like moving overseas to send your ‘life admin’ skyrocketing. Many of our clients have relocated here to New Zealand from all over the world – UK, Australia, India, China, Canada and even Hungary – and are [read more...]

Cashflow: the number 1 thing you need to know about your business

When you own a small business, it’s vital you understand how money flows into and out of it. At a basic level, you need to know where your income comes from and what your expenses are. At a deeper level, [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 [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 [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 [read more...]