Articles by John Heaslip
Tuesday, July 30, 2019
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 understand what it can be applied to. 
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Tuesday, July 30, 2019

Residential rental property and depreciation

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 understand what it can be applied to. 
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Tuesday, October 16, 2018
There are a number of issues that New Zealand tax residents must grapple with if they are to invest in Australian rental properties. It’s important to understand what these issues are because they can have a significant impact upon your profitability.
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Tuesday, October 16, 2018

Investing in Australian rental property - NZ tax perspective

There are a number of issues that New Zealand tax residents must grapple with if they are to invest in Australian rental properties. It’s important to understand what these issues are because they can have a significant impact upon your profitability.
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Monday, May 07, 2018
If you own (or plan to own) residential rental property in Australia, there are changes to the tax deduction rules that will affect you, particularly if your cash flow is tight. These changes were announced in the May 2017 Australian Federal budget and were passed by Parliament on 15 November 2017. 
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Monday, May 07, 2018

Australian Rental Property - significant changes to deductions

If you own (or plan to own) residential rental property in Australia, there are changes to the tax deduction rules that will affect you, particularly if your cash flow is tight. These changes were announced in the May 2017 Australian Federal budget and were passed by Parliament on 15 November 2017. 
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Wednesday, February 08, 2017

A tax amendment for close companies that provide motor vehicles to shareholder-employees has been proposed for the 2018 financial year onwards.  ... Read Article

Wednesday, February 08, 2017

Proposed FBT changes for SMEs

A tax amendment for close companies that provide motor vehicles to shareholder-employees has been proposed for the 2018 financial year onwards.  ... Read Article

Thursday, October 06, 2016
In April 2016 the Government announced a new SME-friendly tax package, which will make paying tax easier and more certain, reduce the burden of interest and penalties, and help smaller businesses tailor payments to their own circumstances.
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Thursday, October 06, 2016

Tax Changes for SMEs

In April 2016 the Government announced a new SME-friendly tax package, which will make paying tax easier and more certain, reduce the burden of interest and penalties, and help smaller businesses tailor payments to their own circumstances.
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Monday, May 02, 2016

In my day to day interaction with clients I meet a lot of small business owners who are in their embryonic stage. They are busy practising their particular expertise and, as such, most budding entrepreneurs do not willingly spend time thinking about the administration of the business.   ... Read Article

Monday, May 02, 2016

Small Business Checklist

In my day to day interaction with clients I meet a lot of small business owners who are in their embryonic stage. They are busy practising their particular expertise and, as such, most budding entrepreneurs do not willingly spend time thinking about the administration of the business.   ... Read Article

Thursday, February 26, 2015

For most clients, 1 April signals the start of the New Year for business and tax purposes and the month of March brings opportunities to minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Thursday, February 26, 2015

END OF FINANCIAL YEAR CHECK LIST

For most clients, 1 April signals the start of the New Year for business and tax purposes and the month of March brings opportunities to minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Friday, July 04, 2014

All property investors will want the same thing i.e. a vessel to create greater wealth for their futures and to provide passive income. Obviously rental yield, capital growth, tenant quality and demand will be your main concerns but here are just two tips to help you make the right decisions to capitalise your returns and keep your property safe.     ... Read Article

Friday, July 04, 2014

Owning a Rental Property - Two Things You Need To Know

All property investors will want the same thing i.e. a vessel to create greater wealth for their futures and to provide passive income. Obviously rental yield, capital growth, tenant quality and demand will be your main concerns but here are just two tips to help you make the right decisions to capitalise your returns and keep your property safe.     ... Read Article

Tuesday, March 25, 2014
This is the time of year all businesses should be preparing budgets and cash flow forecasts.  The preparation of these is essential - the reason being that unless you know your anticipated income and associated expenditure, along with the peaks and troughs of your flow of cash, you will find it difficult to successfully manage your business, be it a business that owns one rental property  or a large multinational corporation.  ... Read Article
Tuesday, March 25, 2014

Budget and a Cash Flow Forecast, what's the Difference

This is the time of year all businesses should be preparing budgets and cash flow forecasts.  The preparation of these is essential - the reason being that unless you know your anticipated income and associated expenditure, along with the peaks and troughs of your flow of cash, you will find it difficult to successfully manage your business, be it a business that owns one rental property  or a large multinational corporation.  ... Read Article
Friday, January 17, 2014

For most clients, 1 April signals the start of the New Year for business and tax purposes and the month of March brings opportunities to minimize tax and maximize cash surpluses for the coming year.    ... Read Article

Friday, January 17, 2014

TAX OPPORTUNITIES FOR THE NEW FINANCIAL YEAR

For most clients, 1 April signals the start of the New Year for business and tax purposes and the month of March brings opportunities to minimize tax and maximize cash surpluses for the coming year.    ... Read Article