CAN I CLAIM MY HOLIDAY AS A RENTAL EXPENSE?

woman on holiday with camera

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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GST & RENTAL PROPERTIES

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For GST-registered buyers, buying a property off a GST-registered seller means that the sale is zero-rated for GST i.e. none is paid by the seller and none claimed by the buyer.

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THE REAL COST OF A RENTAL PROPERTY

man with house and drawing

WHAT’S THE REAL COST OF A RENTAL PROPERTY? Specifically, what’s the real cost of rental property compared to money in the bank or other investments? What what return will you get? They are both good questions. Let’s do some math: Let’s say you own a rental investment property that rents for $600 per week. That’s…

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UK PENSION TRANSFER TAX

LIGHTHOUSE

So, you are looking at the question of your UK Pension transfer tax, and wondering how much it is? How much tax will you pay in NZ when you transfer your pension over from the UK or other countries? SUPERANNUATION TRANSFER TAX Have you transferred or are you thinking about transferring your foreign superannuation to…

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