Property Accountants

Interest rates are still relatively high, so why are experienced investors getting themselves ready to buy property and arranging their finance now? It’s because savvy investors realise that the market is starting to turn, and those who are prepared will benefit. I recently filmed a webinar with property coach Steve Goodey, where we explain how to get yourself ready ... Continue reading 

With interest rates easing and the property market evolving, the next two years could be a window of opportunity for savvy property investors.  If I were planning on investing in the market today, the strategy outlined below is what I’d be using to get ahead.1. Sort out your financesFirst things first: get your financial situation in order. With talk ... Continue reading 

I want to close the year by highlighting a couple of positive developments in the GST rules – one that came into effect earlier in 2022, and one that is proposed to come into effect from next year.Earlier this year a long-standing issue that prevented GST from being claimed on asset transfers within a group structure was resolved. To ... Continue reading 

With all the changes in tax law in recent years, there has been plenty of speculation about what a change in government might mean for the tax landscape. Whilst the National Party has not released their final tax policy ahead of next year’s election, on their website there are some clear indications of what they would do should they be ... Continue reading 

The shareholder’s current account (i.e. the net balance of funds introduced and withdrawn by the shareholder) is one of the most common things that our clients ask us about.  The most frequent questions that we receive are: How did this occur? What does the movement between this year and last year represent? Why does the company owe me money? ... Continue reading 

In today’s business environment, real-time financial visibility is no longer a luxury - it’s essential. Yet many business owners still treat accounting as something to look at once a year, often relying on outdated spreadsheets or systems that weren’t designed for the demands of a modern organisation.If you want to grow sustainably, maintain control, and avoid unnecessary stress, adopting ... Continue reading 

Going out on your own is exciting, but it also comes with some harsh tax realities. Unfortunately, these can be unexpected, especially when you're entering your first year of self-employment. One very helpful piece of tax policy for new small-business owners in New Zealand is the early payment discount. This is essentially a free tax write off / reduction for ... Continue reading 

Trusts hail from medieval times and one can be forgiven for thinking current trust law has been on our statute books since that time too.  A combination of legislation, common law judgements and equity maxims result in the law being antiquated and complex. This frequently makes trust law difficult to comprehend and, in some cases, problematic to apply.  To ... Continue reading 

The next few months could see a shock to some Kiwi households’ budgets, as around 60% of existing mortgages are having their fixed rates expire within 12 months. Interest rate increasesThis time last year, a large number of borrowers were fixing on the 12-month rate because this had proven to be the way to go over a cycle where interest ... Continue reading 

No matter what business you are in (property investment, self-employed, salaried, or retired), health insurance should be part of your risk mitigation strategy. Consider this question: How much would you pay to live for an extra year? If you are diagnosed with serious illness, the right health insurance that gives you access to the best treatments can make a ... Continue reading