Property Accountants

National’s Paul Goldsmith & Chris Bishop were our guest speakers in the final webinar in GRA’s 2023 Market Update webinar series. We discussed National’s proposed tax policies, as well as what they plan to do about housing, social policy, health, and zoning rules. You can review the recording of this webinar below. There are six webinars in the 2023 ... Continue reading 

Often business owners need to approach the bank for money, for example to put into their business. This is a perfectly normal part of running a business. However, there is something that many business owners are unaware of, which could jeopardise their relationship with the bank and therefore their chances of borrowing any more money in the future.  When ... Continue reading 

In this blog I share my current property investing strategy (as at August 2020), because there is a window of opportunity for investors that is likely to close soon. I outline the main points below. Finance At present, some banks are lending 80% on investment properties, which is good news for investors. At the same time, however, the banks are getting ... 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 

The tax rules relating to cryptocurrency have been long been an area of confusion due to the fact that the nature of cryptocurrencies means they don’t fit neatly into any current tax laws. Now, however, IRD have confirmed their view on a variety of issues in relation to this. The IRD use the term “cryptoassets” which covers more than just ... Continue reading 

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. Mistaking a bookkeeper for an accountant can lead to ... Continue reading 

It’s that time of year when businesses look to reward their staff and clients by hosting Christmas parties, giving gifts, and paying bonuses.Some of these costs may be fully deductible, some may be 50% tax deductible, and others subject to Fringe Benefit Tax (FBT) or PAYE deductions. To help your business stay on the right side of the Christmas ... Continue reading 

If you are migrating to New Zealand, one item you should add to the top of your ‘to do’ list is understanding the potential tax implications your migration may cause, not only in New Zealand but also in the country you are emigrating from. Your tax obligations will be different depending on whether or not you are deemed to be ... 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 

As investors become increasingly aware of how much the lending landscape has changed from that of a few years ago, a question I am receiving a lot is, “When will we see the banks relax mortgage lending criteria again?” Whilst we saw the slight relaxing of LVR restrictions at the start of the year, over roughly the same period ... Continue reading 

Choosing the right real estate agent can make a big difference to your selling experience, and to your bottom line. A knowledgeable real estate agent can make you a lot of money. On the other hand, if you don't have a good agent, you can unnecessarily lose a lot of money. I am frustrated to have heard stories about ... Continue reading