This blog is Part 1 of 2 on traps that arise when land transactions involve “associated persons”. By way of background, both the Income Tax Act and the Goods and Services Tax Act have definitions of associated persons and special rules that apply to transactions between associates. ... Read Article
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We are not just clever accountants at GRA, we help people protect their assets and grow their net worth.
Matthew Gilligan CA
MANAGING PARTNER
LATEST BLOG POST
Monday, October 21, 2019
Associated Persons Traps - Part 1
This blog is Part 1 of 2 on traps that arise when land transactions involve “associated persons”. By way of background, both the Income Tax Act and the Goods and Services Tax Act have definitions of associated persons and special rules that apply to transactions between associates. ... Read Article
John Rowe CA
PARTNER
LATEST BLOG POST
Monday, November 11, 2019
We were contacted by a client recently who had received notification from the Inland Revenue Department (IRD) about some investments they have in the UK. Slightly perturbed, our client asked us what this was all about, and how could the IRD in New Zealand have information on their UK investments?
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Monday, November 11, 2019
Money overseas? IRD can find out
We were contacted by a client recently who had received notification from the Inland Revenue Department (IRD) about some investments they have in the UK. Slightly perturbed, our client asked us what this was all about, and how could the IRD in New Zealand have information on their UK investments?
... Read Article
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Salesh Chand CA
PARTNER
LATEST BLOG POST
Wednesday, October 09, 2019
While some people are still concerned about the property market and are cautious about investing, it is my opinion that now is a great time to invest in Auckland. Why do I say that? For a number of reasons, which I outline below.
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Wednesday, October 09, 2019
Investing in Auckland
While some people are still concerned about the property market and are cautious about investing, it is my opinion that now is a great time to invest in Auckland. Why do I say that? For a number of reasons, which I outline below.
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John Heaslip
LATEST BLOG POST
Tuesday, July 30, 2019
Depreciation is the reduction in value of an asset over time due to wear and tear. In New Zealand, the Inland Revenue Department (IRD) allows depreciation on certain items to be claimed as a type of expense for income tax, so it is beneficial to understand what it can be applied to.
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Tuesday, July 30, 2019
Residential rental property and depreciation
Depreciation is the reduction in value of an asset over time due to wear and tear. In New Zealand, the Inland Revenue Department (IRD) allows depreciation on certain items to be claimed as a type of expense for income tax, so it is beneficial to understand what it can be applied to.
... Read Article
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Anthony Strevens
LATEST BLOG POST
Thursday, May 09, 2019
Ever have a property settlement about to go through and at the last minute your professional trustee has held up the game by asking pesky questions like “Why are you buying this?” or “Is this the right entity to be buying it in?” ... Read Article
Thursday, May 09, 2019
Why are Professional Trustees so annoying?
Ever have a property settlement about to go through and at the last minute your professional trustee has held up the game by asking pesky questions like “Why are you buying this?” or “Is this the right entity to be buying it in?” ... Read Article
Anna Loginova
LATEST BLOG POST
Monday, April 29, 2019
There is a significant misinterpretation and misunderstanding between the role of a bookkeeper and that of an accountant. If you don’t know the difference it can negatively impact upon you (possibly seriously). But if you understand each role and utilise them appropriately, it can be very helpful for your business.
... Read Article
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Monday, April 29, 2019
Accountant vs Bookkeeper - big difference
There is a significant misinterpretation and misunderstanding between the role of a bookkeeper and that of an accountant. If you don’t know the difference it can negatively impact upon you (possibly seriously). But if you understand each role and utilise them appropriately, it can be very helpful for your business.
... Read Article
... Read Article
The Professional Trustee Team
LATEST BLOG POST
Thursday, August 29, 2019
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.
... Read Article
Thursday, August 29, 2019
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.
... Read Article
Kris Pedersen
LATEST BLOG POST
Wednesday, May 15, 2019
Over the last few years it has become harder for property investors and developers to obtain the funding they need. In spite of low interest rates, some good opportunities in the property market and a high demand for new housing (especially in Auckland), it has become more and more difficult to get funding from the main banks. So is there a solution?
... Read Article
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Wednesday, May 15, 2019
Are you locked out of the property finance market?
Over the last few years it has become harder for property investors and developers to obtain the funding they need. In spite of low interest rates, some good opportunities in the property market and a high demand for new housing (especially in Auckland), it has become more and more difficult to get funding from the main banks. So is there a solution?
... Read Article
... Read Article
Mark Honeybone
LATEST BLOG POST
Tuesday, August 14, 2018
Last month I received some great questions in my 'Ask Mark' series on Property Ventures’ Facebook page (propertyventuresnz). One of them was a very important "back to basics" question: What factors do you take into account to consider a property to be good for investment?
... Read Article
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Tuesday, August 14, 2018
What makes a good investment property?
Last month I received some great questions in my 'Ask Mark' series on Property Ventures’ Facebook page (propertyventuresnz). One of them was a very important "back to basics" question: What factors do you take into account to consider a property to be good for investment?
... Read Article
... Read Article
