FAQS
WHAT’S MY RISK PROFILE?
What’s my risk profile? Why does it matter? When it comes to investing, determining your risk profile is essential. It guides your investment strategy by helping you align with your financial goals, capacity, and comfort levels. This article will explore what a risk profile is, the factors that shape it, and how you can assess…
Read MoreNZ 2024 TAX CHANGES: WHAT YOU NEED TO KNOW
NZ 2024 Tax Changes: What You Need To Know NZ 2024 tax changes: what you need to know. As New Zealand gets into the new financial year (which started on April 1, 2024) significant tax changes took effect/are set to take effect. These updates will impact individuals, trusts, and property owners, reflecting the government’s aim…
Read MoreNEW TAX RATES IN NZ
…additionally, the government have increased the trustee tax rate from 33% to 39% from 1 April 2024.
Read MoreRETIREMENT PLANNING – HOW TO ESCAPE THE POVERTY CYCLE
Start Early: The earlier you begin saving for retirement, the more time your investments have to grow. Even small contributions can compound over time, significantly boosting your retirement fund.
Read MoreTHE FOUR KEY ELEMENTS TO INVESTMENT PROPERTY THAT YOU MUST GET RIGHT
By prioritizing location, conducting thorough financial analysis, assessing property condition and potential, and understanding legal and regulatory considerations, potential property investors in New Zealand can make informed decisions and maximize their chances of achieving investment success.
Read MoreRENTAL PROPERTY: WHAT RECORDS DO YOU NEED TO KEEP?
What rental property records do you need to keep for your investment property? General guide for the 12 months preceding 31 March
Read MoreHOW DO I DOWNLOAD TRANSACTIONS FROM MY BANK’S ONLINE INTERNET BANKING?
HOW DO I DOWNLOAD TRANSACTIONS FROM MY BANK’S ONLINE INTERNET BANKING? Need to download transactions: How do you do it? We step you thru the main banks’ logins and process
Read MoreCOMPLIANCE REQUIREMENTS – LTCS AND COMPANIES
COMPLIANCE REQUIREMENTS – LTCS AND COMPANIES. What are the Compliance Requirements for your LTC (Look-Through-Company) or standard Company? First let’s talk about your obligations as a director.
Read MoreCAN MY LTC BUY ME A COMPANY CAR? WILL I HAVE TO PAY FBT?
CAN MY LTC BUY ME A COMPANY CAR? WILL I HAVE TO PAY FBT? es. However, note that Fringe Benefit Tax (FBT) may apply, depending on the situation.
Read MoreCAN I CLAIM MY HOLIDAY AS A RENTAL EXPENSE?
You have a rental property. Can you claim your holiday as an expense? If you spend time travelling as part of your business you can claim business travel as an expense. A good way to prove the business portion of your travel expenses is by keeping a diary of your travels.In addition to keeping invoices, receipts and tickets you should also keep details of:the date of the tripyour itinerarythe cost of car hire, and air, bus and taxi faresthe cost of accommodation, meals and incidentalsthe t […]
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