Blog Search Results

A common question that I get asked is – what impact do rental losses have on my entitlements to Family Assistance? Before I answer that lets just go back a step and talk about Family Assistance... First, the technical name is now Working for Family..

If you have a spare bedroom or two at home, you may think about renting it out in order to generate some additional income.  As you might expect, there are potential tax implications if you do so. The tax implications differ depending on the arrangement..

In 2012, the media focused on the comments of an economist, Shamubeel Eaqub, who is well documented for being anti-property. Bear in mind the media likes to present two sides to a story, in this case the counter point in the property debate. So Mr..

We are scratching our heads at GRA, wondering if the world has gone completely mad. To say we are astonished at the opinions of one particular economist, Shamubeel Eaqub, whose comments were recently published in the New Zealand Herald, is putting it mildly. He said..

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..

When the 2022 income year commences on April 1 2021, the government’s new highest personal marginal tax rate of 39% will be in effect. This rate of income tax applies to individuals on income that they earn in excess of $180,000. It is likely that..

After several months considering over 250 submissions, the Finance and Expenditure Committee has reported back to Parliament on the loss ring-fencing rules. Reflecting the fact that the original draft was somewhat of a shambles, they have thrown that out and started again from scratch.  Readers..

As I write, interest rates are rising and property values are falling. While for many, all they can see is unending doom and gloom, in this article I take a closer look at what it really means for property investors. Firstly, we’ve seen this all before,..

They say if you give a man a fish, you feed him for a day but if you teach a man how to fish, you feed him for a lifetime. Growing your wealth is no different. With that in mind, I've noted some pertinent things you should..