Tax
6 MINUTES ON DEPRECIATION
If you own rental property, one of the things your accountant will look at is depreciation. If you’ve got 6 minutes and 5 seconds, then watch this animated video from Inland Revenue.
Read MoreARE THE LOSSES FROM MY RENTAL IN NZ TAX-DEDUCTIBLE IN AUSTRALIA IF I’M WORKING THERE? PART 1
Whereas the LAQC taxed profits at corporate tax rates, the LTC taxes profits at the personal tax rate of the shareholders.
Read MoreGOVERNMENT DIRECTION RE RENTAL HOME LOSSES
Government direction re rental home loss: What is it? What will they do? Will losses be ring-fenced or not? There are certainly differing views out there. One thing is for sure: there’s nothing like rumour. Interest.co.nz lead the charge on the 8th of June 2013 with this headline: Who owns all the homes? MPs…
Read More