Aro Accounting | Edencitytax
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Author: Edencitytax

Mixed messages Depending on which economic headline you read, we are either in the midst of an economic recovery, or the world is in dire straits, and the sky is about to fall on our heads. On the one hand, the first quarter GDP measure was positive,...

For many a year, IRD has dedicated very little of its resources towards policing fringe benefit tax. At the coal face, we have only seen it come up as part of an investigation into something else, and often it has been overlooked entirely by IRD.   While...

End of Financial Year For most businesses, the end of the financial year is fast approaching, so it's time to get our ducks in a row. Here’s our top 4 things that you might want to tackle before the clock strikes midnight on March 31st:  Give...

The Christmas and New Year period can be a bit of a cash flow nightmare for businesses. With everyone off to the beach for a month,you've got to be smart about your cash. So, here are some things that you can do! • Look back to plan...

IRD Compliance: By the numbers A few weeks back, we had a meeting with IRD. Usually, they trot out someone with some pre-rehearsed lines and the offer to jot down feedback we give them and ‘take it back’ to the office. But this time, we had...

Only 58 days to go! Yep, only 58 days until it’s time to knock off for summer (we’re not ready to say the ‘C’ word just yet…). Yep, we are into the final quarter for the 2024 calendar year. For a lot of businesses and households, the...

Answer the damn phone Tried to call an insurance company lately? Or maybe a utility? Or heaven forbid, a bank? There’s a good chance that you’ll settle into listening to some obligatory hold music as you curse whatever has required you to make the call. If your...

Tax rate changes In a move that was well telegraphed by the finance minister, personal income tax rates are changing today (as in, 31 July). The line was much touted during electioneering was that they were combatting ‘bracket creep’– this is effectively where the effects of...

Mind(set) over matter It seems that just about every political commentator has shifted their focus to full on ‘kicking the economy when it’s down’. Even property commentators (who make a living off the narrative that the economic conditions are perfect for buying) are conceding that times...

The *yawn* budget In case you missed it, yesterday was budget day. On a good day it can be difficult to get excited by a government budget, and it looks like yesterday wasn’t a good day. There were some tax cuts that were well telegraphed beforehand...