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.
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
Are you a property dealer?
One of the questions I get asked most frequently is, 'Am I a property dealer?' The typical scenario is that a client approaches me after having sold a couple of properties in the past few years and is now about to sell another one. They want to know if these property sales mean that they are 'property dealers'. They ... More
Unitary Plan Tax Surprise
Part of the Auckland Unitary plan addresses Auckland's housing affordability and supply. You'd need to have been living under a rock or in the far reaches of Siberia not to have heard that Auckland has a desperate shortage of affordable housing, as well as a rapidly growing population. To address this issue, the Council plans to re-zone certain areas to ... More
SHOULD I PAY THE PRINCIPAL OFF MY LOAN?
I get asked this question on a regular basis. The answer is simple: yes you should pay the principal off your loan. But then the question arises, which loan should I pay first, investment or personal? And, how much should I pay? You should always pay off your personal loan first as this is non-deductible for tax purposes. Unlike ... More
A TALE OF TWO BUSINESSESS
For most clients, 1 April signals the start of the new year for business and tax purposes, and the month of March brings opportunities to minimise tax and maximise cash surpluses for the coming year. In order to implement any opportunities, first a business must be organised. By way of comparison, if you look at the extreme ends of ... More
Is the cost of insulating a rental property tax deductible?
As you may be aware, there is a new law that requires all tenanted homes to be insulated by 1 July 2019. Anyone who owns rental property must ensure their properties are insulated to the required standard by this date. At GRA we’ve been getting a lot of questions about whether the cost of insulating a rental property is ... More
Unpaid tax on rental income
It is a requirement in New Zealand for parties to provide their IRD numbers when buying or selling real estate (whether as an individual or through another entity such as a company or trust). Normally this does not pose any sort of problem. However, there will be significant issues if you are selling a property that has been generating ... More
Buying and selling property through trusts
Most people are aware that from 1 October 2015, residential property (with some exceptions) that is bought and sold within a two year period will attract tax payable on capital gains made. This rule will apply to equally to individuals, companies and Trusts.
If a property has been owned for more than two years by a Trust, or if ... More
Market Update April 2017
It’s been an interesting start to 2017 with a much tighter credit market than what we have seen for most of the last decade. While the majority of the media have been concentrating on the fact that the market seems to have slowed since the 40% deposit rule introduction, I put more down to banks themselves pulling back in ... More
Advantages of new builds
At Property Ventures we are increasing our focus on new builds as investments because we see tremendous advantages from a financing perspective. Not only do investors get pristine new and low maintenance properties in better areas, they get the benefit of 80% LVRs and tax advantages from higher chattel depreciation. These smart tax and finance benefits make investing ... More