Month: October 2019

Was your tax payment received on time?

Technology has seen more and more of us making our tax payments electronically, which Inland Revenue actively encourages. It is therefore timely to review when Inland Revenue accepts payments as having been received on time. NEW ZEALAND ELECTRONIC PAYMENT will be received on time when it has been electronically paid or direct credited into an Inland […]

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Residential Rental Loss Ring-Fencing

Not only have residential investors been hit with the extended 5-year bright-line test, the new loss ring-fencing rules will mean many residential rental property owners may struggle to cashflow the costs of owning their rental property. Legislation was passed in mid-2019 which ring-fences residential rental losses from the beginning of the 2020 income year. A […]

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Synergy by name and by nature

Synergy (noun) – “The interaction or cooperation of two or more organisations, substances,or other agents to produce a combined effect greater than the sum of their separate effects.” James Alexander and Alex Ward are clear on one thing; a foundation of their success in business is their complementary skills. Since starting Synergy Flooring nearly two […]

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