Aro Accounting | News
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News

It’s been more than a tad wet for much of the North Island. The flooding in many parts of the Island have been catastrophic. Our thoughts are with those who have been affected. As the flood waters recede, talk turns to what caused the disaster and...

It’s been a rough start to the year. And for many, this latest disaster is far from over. If you have been affected, our thoughts are with you. Businesses aren’t immune from the effects. We know that this will be a stressful time for many business...

Wet weather Our thoughts are with everyone who has been affected by the recent flooding, its scale was both dramatic and terrifying. At the time of writing, it appears that it may not be over as more rain is forecast. If you or your business has been...

Ahhhh the festive season is upon us again! A time for family, too much eating and drinking and hopefully getting to ‘unplug’ for a few days. But it is also a time for added financial stress – Consumer NZ has found that 2 out of...

Sick of gloomy economic news? Me too. Inflation, fuel prices, interest rates, currency fluctuations, it all sounds a bit grim. It can be a bit like hearing about a winter storm barreling toward us. But just like a bad weather forecast, this grim news can...

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...

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...

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...

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...

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...