instructions Archives - EPSOMTAX.COM - Property Accountants, Auckland

ARE REPAIRS TO MY RENTAL PROPERTY TAX DEDUCTIBLE?

Garreth Collard, Senior Property Accountant — Thu, 06 Aug 2026 17:49:26 +0000

Are repairs to my rental property tax deductible? It’s a question nearly every landlord asks at some point – usually right after a tenant calls about a leaking roof or a rotten deck. The honest answer has always been “it depends,” but Inland Revenue has just made it a lot clearer exactly what it depends…

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MOTOR VEHICLE FBT CHANGES

Garreth Collard, Senior Property Accountant — Mon, 29 Jun 2026 04:33:40 +0000

Motor vehicle FBT changes you say? Yes. The New Zealand Government has confirmed the most significant overhaul of the motor vehicle Fringe Benefit Tax (FBT) rules in decades. From 1 April 2027, employers will no longer calculate FBT primarily by counting the days a vehicle is available for private use. Instead, they will classify vehicles…

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COMMON QUESTIONS ABOUT TAX POOLING

Garreth Collard, Senior Property Accountant — Sat, 20 Jun 2026 02:07:28 +0000

Common questions about tax pooling: what do you need to know as a New Zealand business owner, property investor, or individual navigating provisional tax obligations? You may also hear it described as IRD tax pooling, provisional tax smoothing, or tax payment flexibility solutions—all referring to the same core concept: managing your tax payments more efficiently,…

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THE DANGERS OF USING AI TO DO YOUR TAX RETURN

Garreth Collard, Senior Property Accountant — Fri, 29 May 2026 03:00:52 +0000

The dangers of using AI to do your tax return? What dangers? Well…. We all know that artificial intelligence has become remarkably accessible. Today, anyone can ask ChatGPT, Gemini, Copilot, Claude, or another AI tool a tax question and receive an instant answer that appears authoritative and well researched. That convenience creates a real danger.…

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COMMON QUESTIONS ABOUT YOUR TAX RETURNS

Garreth Collard, Senior Property Accountant — Wed, 29 Apr 2026 02:12:39 +0000

COMMON QUESTIONS ABOUT YOUR TAX RETURNS. Have you got tax return questions? Great! We try to answer them. Top questions first

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HOW A TYPICAL NZ INVESTMENT PROPERTY DEAL WORKS

Garreth Collard, Senior Property Accountant — Sat, 07 Mar 2026 05:56:18 +0000

How a typical NZ investment property deal works… have you ever wondered that? This is a plain‑English, step‑by‑step guide to buying and selling an investment property in New Zealand. It explains the people, the paperwork, the timing, and the terms you’ll hear—so you can feel more confident and work out whether this is something that…

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I’M A NZ TAX RESIDENT WITH OVERSEAS INVESTMENT PROPERTY. DO I HAVE TO PAY NRWT? OR AIL?

Garreth Collard, Senior Property Accountant — Tue, 30 Dec 2025 22:52:15 +0000

NZ tax resident overseas rental property NRWT. Was that what you were looking for? Well, you’ve come to the right page. If you are wondering “I’m a NZ tax resident with overseas investment property. Do I have to pay NRWT? Or AIL?” we can help. Before we get into the recent changes (2026) to this…

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FAMILY TRUST ACCOUNTING – WHAT DO I NEED TO DO?

Garreth Collard, Senior Property Accountant — Wed, 20 Aug 2025 03:50:12 +0000

Family trust accounting – what do I need to do? This could quite possibly be a question which you have never thought much about before. But given the trust tax law changes of recent years, it may now be on your radar. (In fact, in 2026 it should be on your radar!) 30-SECOND OVERVIEW Family trusts…

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TAX RETURN FAQ

Garreth Collard, Senior Property Accountant — Tue, 29 Apr 2025 17:17:59 +0000

Q: Why do I need to complete a tax questionnaire every year?
A: This is basically to cover your back. It proves that we and you have all asked/answered the right questions, if anyone ever asks. Could come in handy if you are trying to prove your innocence to IRD.

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CLOSING A COMPANY IN NEW ZEALAND

Garreth Collard, Senior Property Accountant — Mon, 06 Jan 2025 20:25:08 +0000

Closing a company in New Zealand is a process that involves careful planning, legal compliance, and coordination with government authorities. Whether your decision to close stems from completing the company’s purpose, financial difficulties, or a strategic shift, understanding the necessary steps is crucial. This guide provides a detailed roadmap to help you navigate the process,…

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