One of the most common misconceptions we see among business owners is the idea that spending more helps reduce their tax bill.

But here’s the thing - spending $1 to save ~33c in tax still costs you 67c.

Tax savings are great if you need to spend the money anyway, but spending for the sake of a deduction? That’s rarely a smart move. In this blog we break down why that’s the case.

Key Performance Indicators (KPIs) are essential for tracking business performance and ensuring long-term success. Whether you run a professional services firm, a retail store, a hospitality business, or a creative agency, the right KPIs provide clarity on what’s working and where improvements are needed.

As a small business owner, it’s easy to put retirement savings on the back burner while focusing on running your business. However, contributing to KiwiSaver is a simple and effective way to build long-term wealth. Unlike salaried employees, who have contributions automatically deducted from their wages, self-employed individuals and business owners need to take proactive steps to contribute.

As a business owner, managing cash flow wisely is critical—not just for growth and stability but also for ensuring you're always prepared for tax time. Unlike employees who have tax deducted automatically from their paychecks, business owners must proactively set aside tax funds. The key? Knowing exactly how much to save and consistently putting it aside so you’re never caught off guard by a hefty tax bill.

Not sure how to see your companies IRD accounts? We break down the steps to get MyIR access to your company in a simple and easy to read format.

Finding your home office information each year can be frustrating, so a lot of our clients use Prosaic to make it easy! Check out this blog to learn more about Prosaic and if it could be right for you.

Reading financial statements is crucial for understanding your business's financial health. Here's a simple guide to help you navigate them.

Not sure what receipts you need to retain or records you should be keeping to support your income tax or GST returns and legal obligations as a small business owner in NZ? We've broken it down for you in this blog.