Aro Accounting | Business
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Business

Ahh New Zealand. The land of the Long White Cloud. Stunning vistas, natural beauty and exceptionally low productivity. It’s that last part that’s a problem. According to the OECD, New Zealand’s productivity sucks. OK, they didn’t say that it sucked, but they did highlight that...

According to a report commissioned by ANZ, cyber crime has a $3 trillion impact on the global economy.  Trillion, that’s a lot of zeros.  Given it’s such a shady area, exact stats are hard to pin down, but it’s clear, this is a BIG DEAL. ...

The tax changes announced today are a major disappointment. As a business, we are apolitical.  For some time now, housing has been a political football in NZ.  Every party now in Parliament has contributed to the mess the housing “market” is now in – they all...

We hope you are all doing week – particularly for those of us in Auckland! There has been a number of forms of support for business and employees in place over the last year.  Here are some that are applicable to small business. Financial support for business:...

Has your income dropped significantly compared to last year? You may be paying more tax than you need to. Watch this video to see if you should consider the estimation option. [embed]https://vimeo.com/513200641[/embed]...

There were a number of lessons to take from 2020.  One that is particularly applicable to businesses is the importance of mitigating risk.  Many businesses were caught out by not being able to access their premises when at least theoretically, they could have kept working. ...

From 1 April 2021 the top income tax rate will increase to 39% (over $180,000). Watch our quick video to see how this could impact your business and dividends. [embed]https://vimeo.com/504640737[/embed]...

Many of our business clients who deal with individuals will have received an email from us about changes to the privacy laws.  If you are a business that in any way, shape or form holds details about individuals, chances are that this will apply to...

Back in April during the depths of a level 4 lockdown – while we were still coming to terms with what level 4 lockdown meant – many of us were expecting to see an economic catastrophe.  The economists, politicians, bankers and business leaders were all...

Getting paid Just in case you haven’t noticed, the economy has entered very shaky ground.  Thus far, the effects have been unevenly distributed – some industries have benefited while others now find themselves on struggle street. One of the anticipated outcomes is that a larger than usual...