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TERMS & CONDITIONS OF TRADE (ARCHIVE)
Please visit this page for our current Ts & Cs of Trade
Read MoreCOVID-19 BUSINESS & TAX SUPPORT (ARCHIVE)
If you are unable to pay this tax on time because of the effect of COVID-19 on your business, IRD expect that you will pay this tax as soon as practicable. In such cases our recommendation is that you contact IRD now to let them know you can’t pay the tax on time and negotiate a payment plan.
Read MoreLOAN/ MORTGAGE OPTIONS COVID-19 (ARCHIVE)
What are your options for managing your loan or mortgage during the COVID-19 outbreak? RESTRUCTURE / renegotiate Depending on when you last fixed your loans, you may be able to get a lower rate now. Look into what the bank’s break fee would be (break fees are deductible on rental properties); chat to your mortgage advisor if the bank isn’t playing ball. Or if they are being greedy at a difficult time.You might also be able to push the loan term out e.g. from 25 years to 30 y […]
Read MoreCAPITAL GAINS TAX: RENTAL PROPERTY EFFECTS & STRATEGIES (ARCHIVE)
Capital Gains Tax rental property effects & strategies: What should or could you do? See our updated article (2026) “Is a capital gains tax coming to NZ?” Meantime though, here is a high-level overview of the 2019 proposals: WHAT WILL BE TAXED? Everything except your grandma. No, not quite. All land except family home, shares,…
Read MoreTAX WORKING GROUP INTERIM REPORT – IMPACT ON PROPERTY INVESTORS (ARCHIVE)
The Tax Working Group (TWG) has published its interim report. What will be the impact on property investors? (As it turned out: zero. It was not implemented) THE GIST OF IT Basically, the TWG wants to extend taxes on capital gains to things other than property. But, they are also looking at reintroducing building depreciation,…
Read MoreRING-FENCING RENTAL PROPERTY LOSSES: PART 2
There are various rules (outlined above) which limit what you can claim from these kind of assets, and you have to be careful if you think your gross annual income will be more than 60k (GST registration)…
Read MoreRING-FENCING RENTAL PROPERTY LOSSES: PART 1 (ARCHIVE)
RING-FENCING RENTAL PROPERTY LOSSES: PART 1. IRD released a proposal to ring-fence rental property losses. What does that mean for you?
Read MoreTAX CHANGES AFOOT (ARCHIVE)
TAX CUTS Tax changes afoot! But what? Currently (in mid-2017), the tax thresholds are as follows (before the 39% rate of 2021 was introduced): As you may recall, these were to be changed. However, due to a change of government, there will be no change to these tax rates. There will no doubt be…
Read MoreUSING HELLOSIGN (ARCHIVE)
This page is no longer current and has been removed. If you’re looking to sign a document we’ve sent you, check the email for a secure signing link, or contact us and we’ll help you out.
Read MorePROVISIONAL TAX CHANGES 2017 (ARCHIVE)
PROVISIONAL TAX CHANGES From the 2018 income year (that is, 1 April 2017 onwards), the safe harbour threshold has been increased! Hooray, I hear you say. It’s gone from $50,000 to $60,000. It has also been extended to non-individual taxpayers e.g. companies. What does this mean? Use of Money Interest (UOMI) will only be payable…
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