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Just a minute with Janet. Today I discuss the three bank accounts you must have in your life. This is exactly how I run my day to day banking. I hope you enjoyed my short video blog. .
Read ArticleFirstly our hearts go out to those in Christchurch who have had to endure the earthquakes and aftershocks of recent times. Many of our staff have family in Christchurch and we have been hearing first hand the events of 22nd February and the flow-on effects..
Read ArticleThere is a lot of talk about the current property boom in Auckland and how prices will continue to rise due to the high demand for housing. There are two ways investors can benefit from those capital gains, one less risky than the other. Strategy 1The..
Read ArticleWhat does a man with $1 billion of property do when he becomes president and finds himself in control of the money supply, influencing credit conditions and the quantum of the government's fiscal spend as stimulus? The sceptic in me offers the following prediction. We..
Read ArticleSo you have set up a trust and you are a trustee, and you wonder, “what are my obligations as a trustee?” To answer that question we turn to the Trusts Act. Under this Act there are two classes of trustee duties, being mandatory and default...
Read ArticleAs a professional trustee, I'm often asked two questions. First, what's the difference between trustee minutes and trustee resolutions and secondly, why are they so important?To answer the first question first, trustee minutes are really notes made of a meeting of trustees and the decisions..
Read ArticleTrustees have now been given fair warning – meet your legal liabilities and run the trust under your stewardship as you should or risk liability and your trust being deemed a sham. We've been advising our clients on this for years but the Commissioner has recently..
Read ArticleFiling tax returns for trusts is becoming more complicated, and trustees need to be aware of this. From the 2022 financial year onwards (i.e. year ending 31 March 2022), additional information must be included in a trust’s tax returns. None of this is particularly difficult, but..
Read ArticleThe Tax Working Group's final report has been issued, and I give a quick assessment of the main points below. However, bear in mind that what the TWG have recommended and what Labour actually implement, are likely to be completely different. Headlines Capital Gains Tax..
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