Property Accountants

Keeping abreast of market changes is an important part of making good business and property investment decisions. The rules and legislation around tax and finance change constantly, as does the property market as it moves through its various cycles of boom and bust. It can be challenging to know what is going on in all these areas, and even ... Continue reading 

If you want to invest in property, but you don’t have enough funds, what can you do? Are you simply locked out of the market? Some of the most successful property investors started off with very little – they didn’t have significant savings, huge salaries, or rich parents. So how did they get going? They teamed up with family ... Continue reading 

Almost a year to the day since the Government announced rules to eliminate tax deductions on interest for property investors, the legislation has all but reached its final destination. In the last two weeks the Select Committee report on the first draft of the legislation has been released and amendments have been made to the first draft reflecting these ... Continue reading 

It’s that time of year again and even for those who have been locked up for the last three months, the ability to get out and about for Christmas parties and lunches is back on the menu. But as a business owner, can you claim all of those Christmas expenses?The answer is that the majority will fall under the ... Continue reading 

Over the last year we have noticed that a lot of clients are choosing cryptocurrency as an alternative for their investment strategies.  Anthony Strevens discussed the tax implications around cryptoassets in his November 2020 blog, so I won’t go into much detail here.  As a summary: the profit is taxable and the losses are deductible if you purchase cryptoassets ... 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 Yet many business owners still treat accounting as something to look at once a year, often relying on outdated spreadsheets or systems that weren’t designed for the demands of a modern organisation.If you want to grow sustainably, maintain control, and avoid unnecessary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 

A new bill is making its way through Parliament which is going to see changes made to the current Trustee Act. All those with an existing trust should be aware of the implications imposed and the opportunities this new bill will bring when it becomes law. Further details will be presented at our Trust Seminar on 11 October 2017. ... Continue reading 

In big news for property investors, on 30 April 2020 the Reserve Bank (RBNZ) confirmed that they were removing the loan-to-value restrictions that had been in place in one form or another since October 2013. Back then, the RBNZ decided to introduce different tools rather than just using interest rates (through the official cash rate) to have some control over ... Continue reading 

There have been many changes to legislation affecting property investors over the past 4½ years. We have had:•  Healthy Homes Standards•  Loan-to-value ratio (LVR) changes•  Requirement for heat pumps•  Loss of claiming interest as an expense How have property investors reacted and what has happened? Before I go on, there is one thing I want to get off my chest first. ... Continue reading