Business owners and property investors choose GRA because . . .
"We add value and
we get it right."
We're experts in property investment and portfolio building, tax structures and efficiency, business accounting, asset protection and trusts.
We focus on wealth creation for our clients. With skilled teams dedicated to property, business, governance, compliance, and education, GRA provide the accounting expertise you need and the knowledge to help you make smart decisions.
You choose the services. We will deliver and ensure your expectations are met.
No other firm has our depth of knowledge and experience in property investment. We literally wrote the book! We offer services and education to help property investors succeed. Learn more..
GRA's Taxation Compliance Division prepares financial statements and taxation returns for many types of organisations. Large companies and small to medium sized businesses.. Learn more..
If you’re thinking about setting up, or reviewing a family trust, then you've come to the right place. Among other benefits, trusts protect you from adverse events.. Learn more..
Everyone has to pay their share of taxes, and we have no qualms about that. But there are many things that you can deduct and do to reduce your taxation obligations. Learn more..
GRA Blogs: Latest Posts
My opinion on the new tax changes
I'm seething about these tax changes. And it’s not just the fact that Labour lied to us; it’s the whole bigger picture and the implications for ordinary New Zealanders. This Government is attacking middle New Zealand with all these housing initiatives and tax reforms – it’s mums and dads being hit, not property oligarchs. According to February 2021 stats from ... Continue reading
Tax Changes Update
This blog is a follow-up on my October blog about the new top individual tax rate. On 7 December 2020, the Labour Government passed legislation to implement the higher individual tax bracket of 39% for income over $180,000. This comes into effect in 2021/2022 income year (which is 1 April 2021 for most people). As noted in October, this new tax ... Continue reading
Where is the property market at currently?
The tax changes recently announced by the Labour Government have left many property investors feeling unsettled. So I thought it would be helpful to discuss the current property market, the impact of the rules, and what you should be doing to manage this new environment. The current property market• The property market has been hot for the best part of ... Continue reading
What can I claim as a tax deduction when I am in business?
Apart from a few special rules, any cost necessary to run the business will probably be tax deductible. However, there are a few things to be aware of - some items that you might assume could be claimed can't be, and conversely, there may be others you didn't realise are legitimate expenses.GeneralIf you have "incurred" an expense, you can claim ... Continue reading
Covid Support - March 2021
Following the latest changes in alert levels in Auckland and across the country, there are now new government support packages available. These are on top of the support that is already in place such as the Business Finance Guarantee Scheme and Small Business Cash Flow Loan Scheme.Wages SubsidyThe wages subsidy is back again in a similar format to the ... Continue reading
A few points for the end of the financial year
We are at the end of another financial year, and it is time to collate your information for your accountant so they can prepare financial statements and file your tax returns. At GRA, we look for opportunities to optimise our clients’ tax positions for the end of the financial year and this blog contains some of the things you need ... Continue reading
New Trust Law Passed
30 July 2019 was an important milestone in the land of trusts. That was the date the Trust Act 2019 became law in New Zealand. One of the objectives of this new law is to provide for greater transparency and accountability by trustees to beneficiaries. This objective is underpinned by trustee duties now being codified. Whilst it may seem ... Continue reading
The LVR Restrictions are Back!
Back in May I wrote that the Reserve Bank had removed the loan-to-value restrictions, which they stated would be for a 12-month period. At the time, this made sense with Government, Treasury and most economists' predictions being in line with double digit decreases in house prices due to the Covid pandemic.The expectation was that the removal of the restrictions ... Continue reading
Opportunity costs
"Should I sell, or should I wait till the property is worth more?" "I really wanted $20k more. Should I accept this final offer?" "I'd lose $20k on my trade if I sell for that, what should I do?" These are questions that investors, homeowners and traders are faced with at times, especially when the market is on the decline or ... Continue reading
