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HOW IS FOREIGN-SOURCED INCOME TREATED IN SINGAPORE?
Let’s say that you live and work in Singapore. You own a rental property here in New Zealand. How do you handle this from a tax perspective here in New Zealand, and in Singapore? Does it make a difference if the property is negatively or positively geared? New Zealand As a rental property owner, you will…
Read MoreFINDING THE RIGHT SUBURB TO BUY IN
Where is the next Onehunga? Where will the next Ponsonby be? Ah, that’s the big question. Happily, there’s a web resource to help you. It’s a great website, packed with information and has a cool name: hometopia.co.nz Want to find the right school zone? The right distance from the CBD? The right price range? There’s a…
Read More6 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 MoreDEPRECIATION: SIMPLE OVERVIEW
What is depreciation? Why do you have to depreciate? Here’s a 30-second overview
Read MoreFAMILY TRUST ACCOUNTING – WHAT DO I NEED TO DO?
How and why should you account for your family trust? The first thing to consider is that there are whole teams – firms – of lawyers dedicated to unraveling and breaking apart trusts. “What?! Who would do such a thing?” you might ask. Lots of people: MSD, IRD, WINZ, creditors etc. They may try to…
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