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
Healthy Homes Costs
Readers will by now be well acquainted with the minimum standards under the Healthy Homes Regulations. Rather than discuss what landlords need to do to adhere to these standards, in this blog I want to address the debate as to the tax treatment of costs
incurred in doing so.
In recent weeks the IRD have issued a draft statement ... More
Shareholders disputes and how to avoid them
We were recently involved with assisting a new client to resolve a dispute between shareholders. This was a prime example of a business succession planning scenario going wrong. On the face of it, the client had everything you should have, such as a constitution and a shareholders’ agreement, but the relationship got such that it was completely dysfunctional and ... More
HOW TO PREPARE YOURSELF FOR ANOTHER RECESSION
2008 was a year all of us would like to forget. It was the year when the global economic crisis hit and many individuals, businesses and countries went bankrupt, redundancies happened in their droves, unemployment went up and government cutbacks were the norm. Those of you who have been through other recessions will attest that this was definitely ... More
Tax Changes for SMEs
In April 2016 the Government announced a new SME-friendly tax package, which will make paying tax easier and more certain, reduce the burden of interest and penalties, and help smaller businesses tailor payments to their own circumstances. PROVISIONAL TAX To give you some background, provisional tax is a tax that businesses and the self-employed must pay in instalments on ... 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
Professional Trustee preventing costly mistakes
Recently I've seen several interesting client problems which would undoubtedly have resulted in lots of money being lost and lots of legal fees being incurred if these clients hadn't had GRA's Professional Trustee on board. Having now experienced three property cycles in my adult lifetime, I know these sorts of issues (and others) commonly arise when an economy and ... 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