Check here regularly for the latest accounting & tax info, news and business advice.
When you are a NZ tax resident you are required to declare your worldwide income in your NZ tax return which includes your overseas investment
IRD are paying close attention to the residency status of individuals who have left New Zealand but still have a dwelling here which they could
If you have a family member or associated party living in your rental property, there are different tax rules that apply to this situation. Based
There are a few things to consider before you jump in and make this happen. Ownership structure, tax implications and debt allocation are the main
You are only allowed a deduction for repairs and maintenance where the expenditure is required to maintain an asset in the condition it was initially
If you pay costs to advertise the sale of your rental property, these are not claimable as an expense but will come off the sale
Keeping a vehicle log book to record vehicle use is essential for ensuring an accurate expense claim. To help make this process a little