What You Need to Know Before You Invest in Property Whether it’s your first investment property or you’re expanding your portfolio, buying a rental property is more than just choosing the right suburb. Tax laws, interest deductibility, and ownership structures [...]
In this article, we're diving into two important topics that have been gaining significant attention from Inland Revenue. By staying informed and proactive, you can safeguard you and your business against potential compliance issues. This issue is addressing two [...]
How to optimise your business: go digital and automate the business When I started out in my accounting career, computer tech was just starting to make its way into accounting offices. When I commenced in public practice many years later, [...]
It has been a while since our last newsletter, which was released before Christmas. Since then, we have been very busy welcoming clients from Evans Accounting, following Russell Evans retirement. We also heartily welcome all our other new clients. [...]
Rise Accountants friendly team of professionals are eager to use their expertise to help you through the economic headwinds. Successful businesses are adaptable. When the times change, they change with it. Smart business operators maintain their presence in the [...]
We get a lot of questions about what you can claim as a business expense, and clothing is one of the confusing topics when you’re self-employed. Most jobs have some sort of dress code – whether you wear suits and [...]
There have been a lot of rule changes for trusts over the past few years – and now Inland Revenue has introduced another tweak, one you need to know about if you use trusts to protect your assets. Who’s who [...]
Earlier this year, the Government announced the removal of tax deductions on loan interest for rental properties. Previously, interest payments could be claimed as a business expense and taxed accordingly, giving property investment a tax advantage. Now, properties bought from [...]
We hope you are safe as New Zealanders deal with this latest community outbreak and lockdown measures. We know many of you will be losing income over this time and the ongoing uncertainty only adds to the stress. We want [...]
Changes Announced Today To The Bright-Line Test and Interest Deductibility - For Residential Rental Properties The Government has today announced changes to the bright-line test and the interest deductibility rules. In the interests of providing timely information, we offer a [...]
