The bonus issue means you will receive extra shares (and units if you have also invested in the Fund) which you can use to back current or future production increases. Alternatively, you might decide to hold them as an investment or to sell them. Based on current...

The Government has introduced a Bill into Parliament that will limit taxpayers’ ability to claim a tax deduction for costs associated with mixed-use assets, i.e. assets that are used both privately and rented to third parties, for example baches and boats. When enacted, the new rules will...

Investment in real estate, especially residential properties, still remains a popular choice of investment. One can see why it is attractive to New Zealander taxpayers — • For one, there is no capital gains tax on the eventual sale of the property and land tends to appreciate...

Removal of Tax Credits Three tax credits have been repealed effective from the 2013 income year. These are: • tax credits for income under $9,880, • childcare rebates and • housekeeper rebates. Taxpayers will still be able to make claims for the above for the 2012 tax year and previous...

Recently, we spent some time reviewing the uses and strengths of DairyBase. We feel that this tool will be very beneficial to our dairy farming clients. DairyBase allows farmers to compare their business – both against others and against themselves – over time. The system allows users...