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Type: Posts; User: artemis

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  1. Replies
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    341

    The EU is opening up to 14 countries, including...

    The EU is opening up to 14 countries, including New Zealand from tomorrow.
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    Depends exactly what paperwork WINZ requires....

    Depends exactly what paperwork WINZ requires. Cannot see why the landlord can't provide them with a letter including what room rent and expenses were being paid and that may be enough for WINZ.
    ...
  3. The Select Committee is due to report back to the...

    The Select Committee is due to report back to the House 13 July. The question will be whether Minister Faafoi will push the Bill through under urgency. I'm sure he wants to! Even if not, it will be...
  4. Talking to a friend yesterday who said in other...

    Talking to a friend yesterday who said in other countries it is achieved by a reduction in the principal amount to the borrower.
  5. Tenancy terminations back on from 26 June, better be quick though ...

    Minister Faafoi has this plan to change the RT Act, but it still has to go through the parliamentary process so bad or risky tenants will be able to be given notice in what might be a small window.
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    The New Zealand Superannuation and Retirement...

    The New Zealand Superannuation and Retirement Income (Fair Residency) Amendment Bill increases residency requirements for NZ Super including for NZers returning though not from all countries. It has...
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    That will be the Confirmation section on the IR3....

    That will be the Confirmation section on the IR3. Just put 0.00 in the Other rental income box and add to the CONFIRM field something like Residential Rental income added.

    Or you can remove a...
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    Yes. Suggest make a note on the invoice that it...

    Yes. Suggest make a note on the invoice that it was for xy computer, used solely for IPs.

    You may find it useful to read the IRD booklet Rental Income that tells you what you can claim.
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    Tenancy Services is not the best or only source...

    Tenancy Services is not the best or only source of information. And sounds like you have not checked yourself and you are insured. Suggest immediately lodge an application with the Tenancy Tribunal...
  10. Most if not all of those impacted took the...

    Most if not all of those impacted took the correct actions before anyone knew there was an issue. Then were blindsided by government action with no warning so are justifiably annoyed to put it...
  11. The travel voucher idea was to get households off...

    The travel voucher idea was to get households off the sofa and spending on accommodation, restaurants etc. Keeping the spending in the country and the tourism sector especially.
  12. Paul Henry's telly show Rebuilding Paradise ran a...

    Paul Henry's telly show Rebuilding Paradise ran a competition for the best 30 second business idea vid. One that made the final 3 (of many) but didn't win was the government using wool insulation in...
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    Poll: For the record - several recent Written...

    For the record - several recent Written Parliamentary Questions from Judith Collins on ring fencing rental losses. Note that this will be repealed if there is a change of government this year.
    ...
  14. As I read it, the current rule about no...

    As I read it, the current rule about no termination notices covers a period of 3 months from 26 March, but that it might be extended.

    Meantime Minister Faafoi is rushing through new RTA...
  15. Update. This shower dome petition has now closed,...

    Update. This shower dome petition has now closed, 1677 signatures. That is a pretty good number actually. Plenty of petitions sign with only a very few signatures.

    Thanks very much to all those...
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    The current government would probably quite like...

    The current government would probably quite like to slide back to the opposition benches. Good pay and perks, no accountability, no stress, plenty of time to work on new and costed policies. OK maybe...
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    Wellington CC has a whole bunch of infrastructure...

    Wellington CC has a whole bunch of infrastructure issues that look to the interested bystander like deferred maintenance coming home to roost. Why?

    Not to worry, plenty of the reo and cycleways...
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    Excellent post but just on that last point. Until...

    Excellent post but just on that last point. Until / unless there is a place for submissions, questions can be posted to the Chair or members of the the Epidemic Response Committee. It is a Select...
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    I would say the online resources will continue...

    I would say the online resources will continue for a while even if schools go back. Useful to have a range of approved resources to take pressure off teachers in a shortage.

    The devices to be...
  20. Thread: The beginning

    by artemis
    Replies
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    885

    Suggest join your local Property Investors...

    Suggest join your local Property Investors Association, there is one based in Nelson. Two books by Matthew Gilligan are excellent - Property 101 and Tax Structures 101.
  21. As in your last paragraph, the asset has to be...

    As in your last paragraph, the asset has to be depreciable (ie not capital) or a repair (but not an improvement), and under the new dollar threshold. Some of the items on the list given would be hard...
  22. As long as not capital expenditure, which all of...

    As long as not capital expenditure, which all of those are. Maybe not some heat pumps, that's unclear (to me).
  23. Http://taxpolicy.ird.govt.nz/news/2020-03-26-covid...

    Http://taxpolicy.ird.govt.nz/news/2020-03-26-covid-19-tax-bill-enacted

    This sets out the 17 March 2020 start date.

    Allowing immediate low-value asset write offs. To encourage spending, the...
  24. https://www.ird.govt.nz/covid-19/tax-relief/deprec...

    https://www.ird.govt.nz/covid-19/tax-relief/depreciation
  25. It applies to a small part of the 2020 year, just...

    It applies to a small part of the 2020 year, just assets purchased between 17 and 31 March 2020. Then almost all of the next tax year. Then $1000 from then on.
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