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  1. #1
    Join Date
    May 2008
    Location
    Torbay, Auckland
    Posts
    3,910

    Default Chattels Valuation changes 1.4.11 ????

    http://propertyblogs.co.nz/2010/05/2...n-perspective/

    I bought 4 properties from 1.4.09 to 31.3.2010 in South Auckland.
    There has been no accounting work done to calculate land - building - chattels.
    Stever Tuckers 21/5 column says "If you havent yet had a split on your purchase price get it done now to take full advantage of the new taxation system".
    What is new in the tax system that chattel valuation can take advantage of, as I thought the new rules only affect building depreciation".


 

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