Articles by John Heaslip
Tuesday, July 30, 2019
Depreciation is the reduction in value of an asset over time due to wear and tear. In New Zealand, the Inland Revenue Department (IRD) allows depreciation on certain items to be claimed as a type of expense for income tax, so it is beneficial to understand what it can be applied to. 
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Tuesday, July 30, 2019

Residential rental property and depreciation

Depreciation is the reduction in value of an asset over time due to wear and tear. In New Zealand, the Inland Revenue Department (IRD) allows depreciation on certain items to be claimed as a type of expense for income tax, so it is beneficial to understand what it can be applied to. 
  ... Read Article
Tuesday, October 16, 2018
There are a number of issues that New Zealand tax residents must grapple with if they are to invest in Australian rental properties. It’s important to understand what these issues are because they can have a significant impact upon your profitability.
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Tuesday, October 16, 2018

Investing in Australian rental property - NZ tax perspective

There are a number of issues that New Zealand tax residents must grapple with if they are to invest in Australian rental properties. It’s important to understand what these issues are because they can have a significant impact upon your profitability.
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Wednesday, February 08, 2017

A tax amendment for close companies that provide motor vehicles to shareholder-employees has been proposed for the 2018 financial year onwards.  ... Read Article

Wednesday, February 08, 2017

Proposed FBT changes for SMEs

A tax amendment for close companies that provide motor vehicles to shareholder-employees has been proposed for the 2018 financial year onwards.  ... Read Article

Thursday, October 06, 2016
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.
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Thursday, October 06, 2016

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.
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Thursday, February 26, 2015

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 minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Thursday, February 26, 2015

END OF FINANCIAL YEAR CHECK LIST

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 minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Friday, January 17, 2014

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 minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Friday, January 17, 2014

TAX OPPORTUNITIES FOR THE NEW FINANCIAL YEAR

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 minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Friday, July 12, 2013
There are many New Zealanders who have chosen to invest in Australian residential rental property, and this brings with it a number of important considerations.  ... Read Article
Friday, July 12, 2013

INVESTING IN AUSTRALIAN RESIDENTIAL PROPERTY

There are many New Zealanders who have chosen to invest in Australian residential rental property, and this brings with it a number of important considerations.  ... Read Article
Tuesday, May 28, 2013

In the past day I have had a number of clients ring me in a panic saying that the IRD have texted them to say that they owed money for unpaid tax and offering a link to enable the payment. I have advised them to delete the text and not to follow any instructions the text asks of them.  ... Read Article

Tuesday, May 28, 2013

IRD REFUNDS/PAYMENTS & PHISHING FROM ONLINE CRIMINALS

In the past day I have had a number of clients ring me in a panic saying that the IRD have texted them to say that they owed money for unpaid tax and offering a link to enable the payment. I have advised them to delete the text and not to follow any instructions the text asks of them.  ... Read Article