by Agar Fenwick | Feb 1, 2021 | Business, Tax
With a wider capital gains tax off the agenda, it would be easy to overlook the existing tax implications for property investors under the New Zealand taxation system. Here, we look at two types of investment property ownership and what taxes apply, depending on your...
by Agar Fenwick | Aug 5, 2020 | Business
Did you know that businesses that take the time to plan their cash flow forecasts on a month by month basis have an 80% chance of survival, as opposed to businesses who only address cash flow on an annual basis (36% chance of survival within 5 years)? That’s a marked...
by Agar Fenwick | Jun 11, 2020 | Uncategorized
Incredibly, many business owners still do not realise the importance of producing accurate profit and loss statements here in New Zealand. Whilst profit and loss statements do not form part of your annual return to the IRD, it is nevertheless mandatory for businesses...
by Agar Fenwick | May 20, 2020 | Uncategorized
Family trusts: an increasingly popular method of protecting property and managing assets. In this post we offer an introduction to family trusts for dummies: starting with a brief history of family trusts in NZ. Creation of a family trust is something many individuals...
by Agar Fenwick | Apr 15, 2020 | Uncategorized
It is clear that COVID-19 has the potential to be the cause of the largest global depression in modern history; certainly the biggest since the 1930s. Scary though this is for business owners to contemplate, there is also good reason to believe that the economy here...