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MYOB vs. Hnry

Wanting an alternative to MYOB? Here's how Hnry is better for sole traders than traditional accounting software.

What's the difference between Hnry and MYOB?

Comparison between Xero and Hnry showing Hnry's advantages for sole traders Comparison between Xero and Hnry showing Hnry's advantages for sole traders

Why choose Hnry?

Your taxes and expenses automated

We automatically calculate and pay your taxes from your Hnry Account, so you’re always up-to-date and know what’s in your pocket is yours to keep. Plus the Hnry Debit Card automates all your expenses, to lower your tax rate as you spend.

An accountant with your software

We become your accountant, that means we file your returns (even GST), manage your expenses as you go (to minimise your tax bill), and our team of sole trader tax experts (specialised in your industry) are there if you need a hand.

A suite of features - at no extra cost!

You get a bunch of features for all your business needs, like expenses, unlimited invoices and quotes, multiple payment options and more.

Designed for sole traders

We’re New Zealand’s largest specialised sole trader accounting service and have tailored our service specifically to their needs - there’s nothing else like us.

Your taxes and expenses automated

We automatically calculate and pay your taxes from your Hnry Account, so you’re always up-to-date and know what’s in your pocket is yours to keep. Plus the Hnry Debit Card automates all your expenses, to lower your tax rate as you spend.

An accountant with your software

We become your accountant, that means we file your returns (even GST), manage your expenses as you go (to minimise your tax bill), and our team of sole trader tax experts (specialised in your industry) are there if you need a hand.

A suite of features - at no extra cost!

You get a bunch of features for all your business needs, like expenses, unlimited invoices and quotes, multiple payment options and more.

Designed for sole traders

We’re New Zealand’s largest specialised sole trader accounting service and have tailored our service specifically to their needs - there’s nothing else like us.

Deciding between MYOB or Hnry?

It's like comparing apples and fruit salad.

Fruit Salad

Why go out and pay for individual bits of fruit, when you can get it all (and all the extra good bits) for less?

We don't believe in raising our prices every year,, or paying for an accountant on top of software, or not being able to talk to humans when you need a hand.

We're not just your software, and we're not just your accountant. We're both and more, at the same time.

1% +GST

of your self-employed income, capped at $1,500 +GST per year.

Payment type

Only pay when you're earning self-employed income. No monthly subscriptions. No hidden fees.

What do we offer?

Hnry is your accountant, your software, and a service that automatically calculates and pays your tax.

Nothing else required.

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MYOB Business Lite

$32 / mo. (+GST)

For the sole trader and small business plan. (Additional fees and charges apply for optional features.)

Payment type

Monthly subscription. Additional costs for add-ons and features.

What do they offer?

Basic accounting software that provides limited tools, but you'll still need an accountant to handle your taxes.

Accountant sold separately.

Traditional
accountants

$1,920 / yr.*

on average.

Payment type

Invoice after service.

What do they offer?

An accountant will use software to manage business finances and prepare accounts and tax returns.

Accounting software required.

*Source: The Hnry Sole Trader Pulse, an independent survey of sole traders conducted by Resolve Strategic.

  • The setup process was super easy - I just had to input all my basic information and I was ready to go.

    Vanessa Radich Independent Contractor

  • Allocations, expenses, uploading of receipts. It’s good that Hnry can bring it all together as one. Rather having this software for this and that software for that. It’s all just magical to me!

    Bowlen Tui Self-employed Gardener

  • The transition to being a contractor using Hnry was basically seamless. Hnry just makes everything so much easier.

    Alex Penney Self-employed builder

  • I can send an invoice, then the payment goes straight into my Hnry Account. Hnry allocates money to my taxes, KiwiSaver, ACC and student loan, as well as GST. Within a couple of hours, I then get the rest of the money into my own personal bank account.

    Abbey Palmer Self-employed Health Professional

  • I can see ALL of my self-employed financial admin in the Hnry app. This is where I invoice, this is where my expenses go, it shows my income and all my payslips are there - it’s everything in one spot!

    Lauren Wooton Media Consultant

  • There’s no monthly subscriptions, you only pay when you’re earning. To me 1% of my income is nothing, I’d pay them 5% - it’s that good for me.

    Lauren Wooton Media Consultant

Features Hnry logo
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
Tax returns filed
Raise and track expenses
Review expenses
Invoices and quotes
unlimited
Transaction reconciliation
Accept credit card payments
Automatic mileage expense tracking
Learn more
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
Regular price increases
Features MYOB Business Lite
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
Tax returns filed
Raise and track expenses
tracking only
Review expenses
Invoices and quotes
limited
Transaction reconciliation
Accept credit card payments
with additional charges
Automatic mileage expense tracking
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
Regular price increases
Features Traditional
accountants
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
with additional charges
Tax returns filed
Raise and track expenses
Review expenses
Invoices and quotes
Transaction reconciliation
Accept credit card payments
Automatic mileage expense tracking
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
but not always sole trader specialists
Regular price increases
Features Hnry logo MYOB Business Lite Traditional
accountants
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
with additional charges
Tax returns filed
Raise and track expenses
tracking only
Review expenses
Invoices and quotes
unlimited
limited
Transaction reconciliation
Accept credit card payments
with additional charges
Automatic mileage expense tracking
Learn more
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
but not always sole trader specialists
Regular price increases
Pricing

All this for 1% +GST of your self-employed income*

*Capped at $1,500 +GST per year

PS: We've never raised our prices. You won't be caught out with us!
Our pricing Full calculator

Switch at any time of the year.

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group

Our Reviews

What are you waiting for?

Join Hnry and never think about tax again

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