Posts Tagged ‘howto’
DEPRECIATION AND CHATTELS: WHAT TO DO?
Depreciation and chattels: what to do? It’s one of the most common sources of confusion for rental property owners, and the questions tend to come up at very specific moments. For example: you’ve just settled on a property, when you’re about to renovate, or when you’re weighing up a sale or an ownership change. Below…
Read MoreNEW BUILD VS OLD VS LAND/BUILD
The builder probably said it’d be 6 months, but that didn’t include getting consent from Council. Then there were weather problems, and other problems, and so it has actually taken a year to build.
Read MoreTURNING SKILLS INTO MONEY AND A BETTER LIFESTYLE
“Success can be a double-edged sword,” he says. “I think as a business owner you have to stop working in your business long enough to see where it’s going, so you can work on your business. For me, I soon realised I needed to have a so-called exit strategy; ideally I’d like to get to the point where all I’m doing in the business is having cups of coffee with our clients.”
Read MoreHOW TO SHARE STUFF ONLINE
HOW TO SHARE STUFF ONLINE. How to share stuff e.g. files and documents, online and with Epsomtax.com group staff
Read MoreHOW IS FOREIGN-SOURCED INCOME TREATED IN SINGAPORE?
How is foreign-sourced income treated in Singapore? If you live and work in Singapore and own a rental property back in New Zealand, the tax position on each side of that arrangement is genuinely different. Getting it right means understanding both. 30-Second Read In New Zealand, you still need to file a tax return for…
Read MoreNZ FIRE SERVICE LEVY AND YOUR LTC
NZ FIRE SERVICE LEVY AND YOUR LTC… you might receive a letter from the New Zealand Fire Service asking you to make a Statutory Declaration.
Read MoreCOMPANIES OFFICE RETURN NZ? NZCO?
Companies Office return NZ? NZCO? What’s that? These are two of the most common questions we get from new company directors. It’s not a tax return, and confusing the two can lead to a company being struck off the register. 30-Second Read NZCO is short for the New Zealand Companies Office, part of MBIE (the…
Read MoreHOW DO YOU MAKE A COMPANY INTO A LTC?
How do you make a company into a LTC (Look-Through Company)? It’s a genuinely straightforward process once the company itself exists. This guide walks through the actual election specifically. If you’re starting from scratch and need the full journey — from forming the company through to ongoing compliance — see our complete guide to how…
Read MoreBUYING PROPERTY THROUGH AN LTC: DOCUMENTS YOU NEED
Buying property through an LTC: documents you need for your bank, lawyer, IRD, accountant, broker… Yes! It takes more paperwork than buying in your own name. The right documents protect your tax position and satisfy the Companies Act. They also give your bank and lawyer what they need. The wrong ones, or none at all,…
Read MoreGOVERNMENT RENTAL PROPERTY TAX CHANGES 2021 (ARCHIVE)
This page covered the government’s 2021 announcement to phase out interest deductibility and extend the bright-line test to 10 years — written at the time as upcoming changes. Those changes have since run their course and been substantially reversed: interest deductibility is now fully restored, and the bright-line test has dropped back to 2 years.…
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