instructions Archives

HOW IS FOREIGN-SOURCED INCOME TREATED IN SINGAPORE?

By Garreth Collard, Senior Property Accountant | April 7, 2023

Painting of a man seated in a high-rise apartment overlooking a city skyline, thinking of a New Zealand-style villa with a "For Sale" sign on a rural property — representing a Singapore-based investor considering an NZ rental property.

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…

HOW DO YOU MAKE A COMPANY INTO A LTC?

By Garreth Collard, Senior Property Accountant | February 28, 2023

Illustration showing a property held in a New Zealand Look-Through Company (LTC), commonly used by property investors for tax transparency.

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…

BUYING PROPERTY THROUGH AN LTC: DOCUMENTS YOU NEED

By Garreth Collard, Senior Property Accountant | January 20, 2023

Property purchase through a Look-Through Company (LTC) showing key legal, tax and compliance documents required for buying New Zealand property.

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,…

INVOICES

By Garreth Collard, Senior Property Accountant | April 27, 2021

check Balance Sheet balances vs actual bank account balances; check interest deductibility; record loan interest claims and check any current/term debt portions; check non-deductible items; check legal fees for deductibility;

HOW TO EXPORT FROM .NUMBERS TO .XLS

By Garreth Collard, Senior Property Accountant | June 29, 2017

First, open your sheet on your iPhone or iPad. Next, touch the three dots at the top right-hand corner Then, choose Send a CopyTouch Excel Lastly, email to us or share to your Google Drive or Dropbox.com, then share to office@epsomtax.com

IRD REQUEST FOR MORE INFORMATION

By Garreth Collard, Senior Property Accountant | January 1, 2017

IRD request for more information: no one wants to receive one of those letters. But what do they look like and what do they mean? Here are two useful pages to get a clear picture on IRD Requests for More Information. WHEN THE IRD WANTS MORE INFO! This article explains that the Inland Revenue Department…

WHEN THE IRD WANTS MORE INFO!

By Garreth Collard, Senior Property Accountant | August 23, 2016

When the IRD wants more info… what do you do? This year (2016) we’ve seen a dramatic increase in requests for information from IRD, generally, letters where they want a more detailed breakdown of expenses. We’ve also seen some more “direct” methods employed. What is this all about? FOCUS ON PROPERTY This year, as in…