WHY USE A LOOK-THROUGH COMPANY?

Why use a Look-Through Company? In New Zealand, a Look-Through Company (LTC) is a special type of company that allows its income, expenses, tax credits, gains, and losses to be passed directly to its shareholders. Here are the benefits of using an LTC for New Zealand investors:   1. Flow-Through Taxation Pass-Through Income and Losses:…

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CALCULATE PROPERTY REBUILD COST

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Calculate Property Rebuild Cost Calculate Property Rebuild Cost – how and why? Let’s discuss – for a few moments – the importance of regularly calculating the rebuild cost of your property and how to do so. As property investors and homeowners, we often pride ourselves on the value of our assets. Whether it’s a rental…

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INVESTING IN NEW ZEALAND PROPERTY

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Investing in New Zealand property: New Zealand has long been a hotspot for property investment, attracting both local and international investors. With its stable political environment, transparent legal system, and strong property rights, the country offers a relatively secure environment for real estate ventures. However, like any investment, property in New Zealand comes with its…

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GST APP TAX REGULATIONS: WHAT YOU NEED TO KNOW

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GST app tax regulations: What you need to know! Commencing April 1, 2024, platforms offering ride-sharing, food delivery, and short-term accommodation services – “listed services” as per the legislation – will be mandated by law to levy GST on these services. These are platforms such as Airbnb, VRBO, Expedia, Uber and so on. This obligation…

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TAX ON AIRBNB INCOME NZ

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TAX ON AIRBNB INCOME NZ: Is my Airbnb income taxable? Is there tax on airbnb income in NZ? Yes. Income earned from providing short-stay accommodation is taxable

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