COMPANY DIRECTORS: ARE YOU TRADING RECKLESSLY?

Company directors: are you trading recklessly? 

Company directors: are you trading recklessly?  Now, you might say “What?! How could I be trading recklessly? What does that even mean?” The following is based on an excellent article from Fortune Manning Lawyers:  Company Directors: Are You Trading Recklessly? Understanding Your Personal Liability Under New Zealand Law Many business owners choose a company structure…

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ARE ASBESTOS REMOVAL COSTS TAX-DEDUCTIBLE?

ARE ASBESTOS REMOVAL COSTS TAX-DEDUCTIBLE?

Are asbestos removal costs tax-deductible? Asbestos remains one of the most persistent legacy hazards in New Zealand buildings. While its use declined sharply after the 1980s due to clear links to serious health risks, many homes, commercial buildings, and industrial structures still contain asbestos today. As these buildings age, owners frequently incur costs to test,…

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INVESTMENT PROPERTY AND LTCs: A GOOD MATCH?

investment property and LTCs: a good match?

  Investment property and LTCs: A good match? (Or as Shakespeare might have said “To LTC or not to LTC: that is the question.”) For many years, property investors across New Zealand embraced Look-Through Companies (LTCs) as the structure of choice for holding rental properties. Accountants, lawyers, mortgage advisers, and investors often recommended LTCs because…

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NAVIGATING CRYPTO TAX IN NEW ZEALAND

cryptocurrencies

Navigating Crypto Tax in New Zealand: Cryptocurrency has gone mainstream in New Zealand. Whether you’re trading Bitcoin, minting NFTs, or staking tokens, chances are you’ve wondered: Do I need to pay tax on this? The short answer is yes. The long answer? Well, let’s dive into it. This guide breaks down how crypto is taxed in…

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