'Blog... it's never a dull moment'

Back to Blog

Xero Pricing Changes

Xero has recently announced further subscription price changes. These price increases will be effective from 1 October 2026.The monthly subscription Business plan prices (excluding GST) will be:Ignite plan increases to NZ$37 per month, from $35 per month;Grow plan increases to NZ$89 per month, from $83 per month;Comprehensive plan increases to NZ$117 per month, from $110 per month;Ultimate plan increases to NZ$135 per month, from $125 per month.Those clients using a Cashbook plan will increase b...

Employment Changes coming 2028

The Employment Leave Act 2026 received Royal Assent on 6 August 2026 and will come into force on 6 August 2028, giving employers, employees, and payroll providers a two-year runway to prepare for what is the most significant overhaul of New Zealand's leave framework since 2003.What has changed?Moving to Hours-Based Accrual - The most fundamental shift is a move away from calculating leave in weeks and days, to counting leave in hours. The new Act introduces three categories of hours — standard...

IRD Focus Continues!

IRD Debt Collection Focus - IRD continues to focus on debt collection and in most instances are gaining great results.For new tax debt, it is understood that IRD are taking a more aggressive approach to collection measures where as old debt appears to be a more tailored approach. This seems inconsistent but delivers a message that debt is no longer going to be ignored by the IRD. In most instances where clients have required a debt instalment arrangement by IRD, this has been confirmed without h...

Fellowship Gala Celebrations

Chartered Accountants Australia New Zealand (CAANZ) recently hosted the Bay of Plenty Gala Dinner to recognise those recipients’ receiving awards, of which I was lucky to be one of those, receiving my Fellowship which was advanced 11 December 2025.The evening celebrated 28 new Chartered Accountants, four new Accounting Technicians and then milestone awards for members that have completed 25 years, 40 years, 50 years and 60 year’s of service and then finally the Fellowship awards of which I w...

ACC Levy Changes

ACC have introduced changes on plans and overdue amounts which did not previously apply.  This comes into effect from 1 April 2026.   You can continue to pay your ACC invoice in full by the due date or you can choose to spread your levy payments over 3, 6 or 10 month instalment periods. For instalment plans, interest will now be charged on all new or roll-over levy instalment plans that were previously interest free; along with interest charges on overdue accounts. The new in...

Tax Updates - August 2026 - Rate Changes

Each year IRD updates the rates, these were released during June relating to the 2026 financial year.Motor Vehicle Mileage Rates For business customers that use their personal motor vehicle for business related purposes, there are two ways that the business cost can be reimbursed.  Either using the milage rates (as below) or choosing to keep records of actual vehicle expenditure to calculate the claim for the business use.  It is also accepted that these rates can be used by emplo...

Tax Updates - March 2026 - Employer and KiwiSaver Changes

Minimum Wage Rates - The minimum wage rates increase from 1 April 2026.  For an adult (employees aged 16 and over), the minimum wage rate will increase from $23.50/hour to $23.95/hour; for Starting Out and Training (criteria applies), the minimum wage rate will increase from $18.80/hour to $19.16/hour.KiwiSaver Changes - The KiwiSaver contributions increase from 1 April 2026.  The minimum contribution will increase from 3% to 3.5% for all eligible employees, the increase will...

Time to Celebrate

2025 is a year of recognition and man-o-man what a year it's been!It is with absolute surprise but heartfelt appreciation of the achievements I have made over my 25+ year career as an Accountant that I have been recognised as a Fellow of Chartered Accountants Australia and New Zealand.  I am honestly blown away.I love my career and have every step of the way; the opportunities, the learning, the guidance, watching other's journeys through the good, bad and the ugly as well as my own journey...

Tax Updates - August 2025 - Rate Changes

Each year IRD updates the rates, these were released early June 2025 relating to the 2025 financial year.Motor Vehicle Mileage Rates For business customers that use their personal motor vehicle for business related purposes, there are two ways that the business cost can be reimbursed.  Either using the milage rates (as below) or choosing to keep records of actual vehicle expenditure to calculate the claim for the business use.  It is also accepted that these rates can be used by e...

Individual Tax Rate Changes for 2026 Financial Year - Personal Taxes

Here's what you need to know.New individual tax rates are now fully in play as above.  This means that the new Income Tax brackets apply from 31 July 2024....

Tax Updates - August 2024 - Rate Changes

Each year IRD updates the rates, these were released end of May 2024 relating to the 2024 financial year.Motor Vehicle Mileage Rates For business customers that use their personal motor vehicle for business related purposes, there are two ways that the business cost can be reimbursed.  Either using the milage rates (as below) or choosing to keep records of actual vehicle expenditure to calculate the claim for the business use.  It is also accepted that these rates can be used by e...

Tax Updates - July 2024 - Personal Taxes

Personal Income Tax ThresholdsChanges to individual personal Income Tax thresholds come into effect from 31 July 2024.Because these tax cuts are effective part way through the 2025 financial year, there will be composite rates that apply for this year.See below the new income threshold brackets and the composite rates for 2025.For wage and salary earners, then payroll software providers should already have these new rates already built into their systems so the PAYE calculations should be correc...

Tax Updates - July 2024 - Residential Rental Properties

The most recent of tax changes that could affect you, are you aware of the changes?Residential Property Brightline TestChanges to the Brightline test to came into effect on 1 July 2024.The Brightline test period for residential property has been reduced from ten years to two years.Residential properties sold after 1 July 2024 could be exposed to tax on any profit made on a sale if the property has been owned for less than two years, unless an exception applies. Exceptions for main homes, separat...

Prepare for Year End!

Have you considered all the tasks that need to be done on or before 31 March? Find out what you need to do.Accounts Receivable (Debtors) - Review your debtors, any that you don't expect to collect should be written off or Credit Notes issued for billing discrepancies before year end so that tax is not paid on unrecoverable amounts. Accounts Payable (Creditors) - Review your creditors, any supplier invoices that are not correct should be addressed before year end so that tax is not unnecessa...

It's time to launch!

Having been in the game for 20+ years, Michelle is passionate about her career and brings a wealth of experience, knowledge and professionalism to the practice of Accelerate 4 Sixty 3 Limited.Wherever you are in your journey, I am here to help you along the way.  No matter how big or small; the level of service and scope required; or where you are at in your journey,  every client is treated as an equal with work delivered in full and on time. Offering professional business, accou...