Aro Accounting | News
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News

It’s not often that tax news gets so many attention-grabbing headlines. While the proposed – and then quickly scrapped – GST on Kiwisaver fees was hogging the limelight, the introduction of another tax measure has received much less fanfare; the removal of Fringe Benefit Tax...

31 August, 2022

Kiwis are well known for our good work ethic. According to the Productivity Commission we work more hours per week than the OECD average. But, alas, our output is lower. Or put another way, it takes us more time to produce the same amount as...

31 August, 2022

August tax payment time If you pay tax provisionally, good news! The 28th of August is just around the corner and this is a payment date for many people and businesses that pay tax provisionally. If you have provisional tax to pay, keep an eye out...

31 July, 2022

There has been plenty of talk about whether or not NZ is headed for recession. BNZ says the risk is increasing but Treasury says we will probably avoid one. Many an armchair economists has waded in, and an assortment of pop-culture indicators are pointed to...

31 May, 2022

Interesting fact… According to The World Bank, the average net income per capita for the whole world was $9,434.42 (USD) per year in 2019. That translates to $13,585.56 NZD. The world is quite a disparate place. Switzerland had an average net income per capita of $65,600 USD...

02 May, 2022

Today marks the first day of the 2023 financial year, so happy New Year! With the advent of modern accounting software, the ‘end of the financial year’ isn’t the palaver that it once was and now tends to pass relatively uneventfully. But one of the...

03 April, 2022

New financial support available for business The government has announced further financial support for businesses affected by Covid-19. Covid-19 Support Payment The first is the Covid-19 Support Payment. This is a fortnightly payment of $4,000 + $400 per employee. There are a number of criteria, but the key...

28 February, 2022

If a staff member has to self-isolate, are they entitled to sick pay? Can you ask for proof? Are there subsidies available if you have to stand staff down? What are employers responsibilities around Covid and the workplace? Covid-19 adds complexity to an already complex subject...

24 February, 2022

And so it happens, NZ finds itself in Alert Level Red. Perhaps it is because we are all getting used to living with Covid, but it seems that there has been less information for businesses coming out from government agencies this time around. Generally speaking, businesses...

24 January, 2022
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RESOURCES

We’re all about making your life easier. We have compiled some resources that will help you (and us) when it comes to tax compliance. Click on the links below to download the files.
 
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