Abolition of Gift duty – how will this affect your Trust?

As of 1st of October 2011 gift duty been abolished by IRD in New Zealand. If you have a Family Trust this will have significant implications for you.

Penalties for false income reporting – case

Former restaurant owner gets home detention for false income reporting "A former Wellington restaurant owner has been sentenced to five months home detention and 200 hours of community work for ...

A great new start or the same old, same old (or something in between)?

Today the new tax changes come in for those of us still left in the rental property market. It’s the start of a new financial year and it doesn’t feel so new anymore. We are all in the throes of ...

Getting the Taxation Fundamentals Right in Property Investment

The Tax Changes – are they making you worried about your future losses or is it back to fundamentals in property investment.

What Tax do I have to pay if I’m Selling a Property for Profit?

If you sell your family home and are lucky enough to make a good profit to help with the purchase of your next family home – don’t worry about it – if it’s all straight up and uncomplicated and the ...

How Xero can help with managing your Rental property

Monitoring financials and keeping track of rent payments coming in are aspects of rental property ownership which landlords often struggle with. With all the changes to rental property taxation like ...