A few months ago, the NZ government announced they would be removing interest deductibility from rental income on residential properties here in NZ. This is part of the greater move to bring house prices in NZ under control. This move has caused quite a stir in the property owning community – but we’re not here
Some time last month, the government has come up with a raft of policy changes designed to cool our overheating property market. One of the tools they have proposed is to double the term required for the bright-line test from 5 years to 10 years. Bright line test? What’s that?? I hear you say! So
Hi there accounting fans! Since Auckland went into a shortened lockdown due to the recent community cases, the government has stepped in to provide a bit of extra funding to businesses who have been adversely affected by the lockdown. Please note that the information contained in this article is relevant to businesses based in NZ.
So you want to learn more about finance and accounting? Those of you who follow this blog regularly know that I’m quite passionate about building financial confidence in my readers. And while you can find a lot of great information on this blog, I will admit that I only cover a relatively niche topic of