We understand franchising from the inside
Before establishing this practice, Yugraj owned and operated franchise accounting practices. That experience means we understand royalty and marketing fees, franchisor reporting requirements, and the pressure on margins that franchisees face.
We help you keep compliant records, meet franchisor and IRD deadlines, and understand how your store is really performing.
How we can help
Buying a franchise
Review of financial information, forecasts and structure before you commit.
Bookkeeping and Xero
Setup and coding that suits franchise fees, POS integrations and franchisor reporting.
GST and payroll
Accurate GST returns and payroll support for staff on rosters.
Annual accounts and tax
Financial statements and tax returns for your company, partnership or trust.
Performance reporting
Wage, cost-of-sales and margin reporting to compare periods and spot issues early.
Selling or exiting
Preparation of financial information and tax guidance when you sell your franchise.
Common questions
Can you work with my franchisor's required systems?
In most cases, yes. We work with Xero and common POS integrations and can follow franchisor reporting formats.
Are franchise fees tax deductible?
Ongoing royalty and marketing fees are generally deductible. Initial franchise fees can be treated differently, so we review the agreement.
Do you work with franchisees outside Auckland?
Yes. We work fully online with franchisees throughout New Zealand.
Own or buying a franchise?
Call 021 0234 6659 or email ysm@yugrajca.co.nz.
This page provides general information only. Tax treatment depends on your circumstances and current New Zealand law. Last reviewed: October 2026.