Posts Tagged ‘tax’
GST APP TAX REGULATIONS: WHAT YOU NEED TO KNOW
GST app tax regulations: what you need to know. The GST app tax rules NZ hosts and drivers will soon operate under will take effect from 1 April 2024. They’re already catching people out in the lead-up, usually because some assumes the old GST threshold rules will keep applying the way they always have. If…
Read MoreRENEWING/APPLYING FOR A SPECIAL TAX CODE: WHY & HOW?
A special tax code in NZ can get your tax refund to you as you go, instead of making you wait until after the tax year ends. IRD now calls it a tailored tax code. If you are paid wages or salary and also make a loss on self-employed income, it might suit you. This…
Read MoreWHAT IS FATCA? AND WHY IS MY BANK WRITING TO ME ABOUT IT?
FATCA NZ bank customers get letters about every year, and most people have no idea why. That’s especially true if they’ve never set foot in the United States. This guide explains what FATCA actually is, and why your bank is asking. It also covers a closely related rule that catches even more people out: CRS,…
Read MoreTRUST VS LTC FOR RESIDENTIAL INVESTMENT PROPERTY
Trust vs LTC for residential investment property – which is better?
Well, it depends if the property is negatively or positively geared, i.e., does it make a loss or a profit.
Read MoreNON-RESIDENT TAX STATUS NZ: HOW DO YOU KNOW?
HOW DO I KNOW IF I’VE GOT NON-RESIDENT TAX STATUS (NZ)? How do you know if you have non-resident tax status in New Zealand? Some of our clients live and/or work overseas, and have asked us about non-residency status with regards to tax.
Read MoreDEPRECIATION OF CHATTELS IN YOUR RENTAL INVESTMENT PROPERTY
DEPRECIATION OF CHATTELS IN YOUR RENTAL PROPERTY. Depreciation of Chattels: what is depreciable? what is not?
Read MoreDEPRECIATION 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 MoreCOMMON QUESTIONS ABOUT YOUR FINANCIAL STATEMENTS
COMMON QUESTIONS ABOUT YOUR FINANCIAL STATEMENTS. Questions about your financial statements? Here are the answers to some common ones
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 MoreHOW IS FOREIGN-SOURCED INCOME TREATED IN MALAYSIA?
How is foreign-sourced income treated in Malaysia? This is a question worth revisiting properly. Malaysia’s approach changed significantly in 2022 — the old blanket exemption many people still assume applies isn’t quite how the system works anymore. This article – although dated 2023 – has been rewritten with the latest updates as of 2026. 30-Second…
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