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RESIDENTIAL PROPERTIES – INTEREST DEDUCTIBILITY & BRIGHT-LINE

RESIDENTIAL PROPERTIES – INTEREST DEDUCTIBILITY & BRIGHT-LINE

Friday, 19th April 2024
The rules regarding the Bright-Line test and investors being able to claim interest against residential rental income are being updated. These rules will apply to any house, ...
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GST INVOICE REQUIREMENTS UPDATE

GST INVOICE REQUIREMENTS UPDATE

Wednesday, 1st February 2023
Under current rules a GST registered entity is required to hold a valid tax invoice before being able to claim GST on a transaction in a GST Return. From 1 April 2023 the ...
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PROVISIONAL TAX – AN EXPLANATION

PROVISIONAL TAX – AN EXPLANATION

Friday, 14th October 2022
IRD requires provisional tax to be paid when a tax payer has residual income tax (RIT) greater than $5,000. Provisional tax is based on 105% of the prior year earnings, or 110% of ...
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CASHFLOW –  MONITOR & CONTROL

CASHFLOW – MONITOR & CONTROL

Monday, 14th February 2022
It is always a function of good business management to ensure that you have controls in place to keep on top of cashflow. If a business is doing well, is busy and there are ...
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Newsletters

CLIENT NEWSLETTER MARCH/APRIL 2024
  • Changes to Minimum Wage
  • Scam Update
  • Time Management
  • ACC Invoices & Cover Plus Extra
  • Paying Tax On-Line
  • Year End Information
 
Portable Document Format (PDF) (135kb)
CLIENT NEWSLETTER DECEMBER 2023
  • Paying Holiday Pay
  • Trust Tax Rate
  • Expected Tax Law Changes
  • Strategic Planning
  • Is it time to Declare a Company Dividend?
 
Portable Document Format (PDF) (106kb)
CLIENT NEWSLETTER SEPTEMBER 2023
  • GST Changes from 1 April 2024
  • Director Obligations Part 2
  • GST Considerations on Sale or Purchase of Commercial Property
  • Latest Use of Money Interest Rate
  • Updated Square Metre Rate for Home Office
 
Portable Document Format (PDF) (100kb)
CLIENT NEWSLETTER JUNE 2023
  • Residential Rental Interest Deductibility
  • Cashflow - Are You In Control?
  • Trust Tax Returns - Additional Disclosures
  • Trust Tax Rates
  • Working From Home Allowances
 
Portable Document Format (PDF) (110kb)
CLIENT NEWSLETTER MARCH 2023
  • Minimum Wage Update
  • Short-Term Accommodation - GST & Interest
  • Breakeven Analysis - How much does it cost to run my business?
  • Director Obligations
  • IRD Scam Emails & Cold Calling
 
Portable Document Format (PDF) (95kb)
CLIENT NEWSLETTER DECEMBER 2022
  • GST Invoice Requirements Update
  • 6 Key Ratios to Monitor your Business
  • Are you Buying or Selling Commercial Property or a Business?
  • IRD Use of Money Interest
  • Important Tax Dates
 
Portable Document Format (PDF) (163kb)
CLIENT NEWSLETTER SEPTEMBER 2022
  • Holiday Accommodation Income
  • What is an FBT Reimbursement?
  • Current Ratio (Working Capital Ratio)
  • Square Metre Rate - Home Used for Business
  • Banklink is Retiring
  • Important Tax Dates
 
Portable Document Format (PDF) (120kb)
CLIENT NEWSLETTER JUNE 2022
  • Tax Treatment of Cryto-Assets
  • An Explanation of Provisional Tax
  • Bright Line Rules
  • Use of Money Interest Rate
  • Cost of Living Payment
  • Motor Vehicle Kilometre Rates

 
Portable Document Format (PDF) (114kb)
CLIENT NEWSLETTER MARCH 2022
  • Financial Support for Businesses affected by Omicron
  • Increase in Minimum Wage
  • Imputation Credits & Shareholder Changes
  • Trust Tax Returns - additional information to IRD
  • Is IRD cancelling your GST Registration?
  • Interest Deductions on Residential Rental Property

 
Portable Document Format (PDF) (360kb)
CLIENT NEWSLETTER DECEMBER 2021
  • Small Business Loan Scheme
  • Foreign Investment Funds (FIF)
  • Rental Properties - When are costs deductible?
  • Changes in Business/Property - Have you considered tax?
  • Before Sale of a Business, Sale of a Commercial Investment Property or Sale/Transfer of Shares
  • The Power of Habit - Book Review

 
Portable Document Format (PDF) (239kb)
CLIENT NEWSLETTER OCTOBER 2021
  • New Scam
  • Wage Subsidy Scheme
  • & Resurgence Support
  • Cash Flow
  • Residential Property Interest & Bright-line
  • Motor Vehicle Kilometre Rates

 
Portable Document Format (PDF) (123kb)
CLIENT NEWSLETTER AUGUST 2021
  • New Sick Leave Entitlements
  • PIE Funds
  • The 39% Tax Rate & Provisional Tax
  • Effect of Wage Subsidy on Individual Returns
  • Sale of Property - Impact of Depreciation Recovered
  • New FBT Rates
 
Portable Document Format (PDF) (96kb)
CLIENT NEWSLETTER APRIL 2021
  • Residential Rental Changes
  • Asset Purchases - $1000 Threshold
  • Difference Between Mark Up and Gross Profit
  • Cashflow - Monitor & Control
  • COVID 19 Business Loan
  • Minimum Wage Increase
 
Portable Document Format (PDF) (94kb)
CLIENT NEWSLETTER DECEMBER 2020
  • Brightline Test - Residential Property
  • Asset Purchases - $5000 Threshold
  • Residential Tenancy Act
  • Trust Act 2019
  • New 39% Tax Rate
  • Interest - When is it Tax Deductible
 
Portable Document Format (PDF) (115kb)
CLIENT NEWSLETTER SEPTEMBER 2020
  • Provisional Tax Threshold Increase
  • Small Business Loan Extension
  • Why anyone with Kiwisaver should make a Will
  • Effect of Wage Subsidy - Individual Tax Returns
  • Improper Tax Invoices
  • ACC Invoicing, FBT and more...
 
Portable Document Format (PDF) (291kb)
CLIENT NEWSLETTER JUNE 2020
  • Automated IRD Correspondence
  • Small Business Loan Scheme
  • Wages Subsidy Exempt from GST
  • Asset Purchases Low Value Threshold
  • Wage Subsidy Update
  • Future Planning and more...
 
Portable Document Format (PDF) (253kb)
CLIENT NEWSLETTER APRIL 2020
  • COVID 19 Wage Subsidy
  • Business Loans & Mortgage Holidays
  • Minimum Wage Increase
  • Cashflow Planning
  • Year End Information
  • 2021 Tax Changes and more...
 
Portable Document Format (PDF) (977kb)
CLIENT NEWSLETTER DECEMBER 2019
  • Tax Payments Online
  • Words of Wisdom
  • New Trusts Act 2019
  • New Healthy Homes Standards
  • Book Review
  • Important Tax Dates and more...
 
Portable Document Format (PDF) (146kb)
CLIENT NEWSLETTER SEPTEMBER 2019
  • Use of Money Interest
  • NZ PIR & RWT Rates
  • Cashflow is King
  • Overdrawn Shareholder Current Accounts
  • Kilometre Rate Update
  • Increase of IRD Interest Rate on Underpaid Tax
  • Book Review and more...
 
Portable Document Format (PDF) (251kb)
CLIENT NEWSLETTER JUNE 2019
  • New Domestic Violence Protection Act
  • Investment Strategy
  • Provisional Tax
  • Tax Rates
  • Tips & Tricks - Basic Calculations
  • Tax Payments & Refunds
  • Book Review and more...
 
Portable Document Format (PDF) (649kb)
CLIENT NEWSLETTER MARCH 2019
  • New Minimum Wage
  • Overpayment of ACC
  • Common GST and Tax Payment Errors
  • Capital Gains
  • Changes to PTS
  • Important Tax Dates
  • Book Review and more...
 
Portable Document Format (PDF) (480kb)
CLIENT NEWSLETTER DECEMBER 2018
  • Payday Filing
  • Overseas Travel Expenses
  • Calculating motor vehicle kilometre rate
  • Employment Records
  • Important Tax Dates
  • Book Review and more...
 
Portable Document Format (PDF) (128kb)
CLIENT NEWSLETTER SEPTEMBER 2018
  • Tax Working Group
  • Ring Fencing of Rental Losses
  • Bank Financing
  • Monitoring Your Business
  • The Cost of Holiday Pay
  • MYOB Classic Support Ending and more...
 
Portable Document Format (PDF) (261kb)
CLIENT NEWSLETTER JUNE 2018
  • IRD focus on Cash Jobs
  • Parental Leave
  • Employer Changes
  • Online Accounting Software Clients
  • Trustee Obligations
  • Personal Tax Considerations and more...
 
Portable Document Format (PDF) (464kb)
CLIENT NEWSLETTER MARCH 2018
  • Travel vs Entertainment
  • Break Even Analysis
  • AIM Accounting Method
  • Valid Tax Invoices
  • Important Tax Dates
  • Brightline Test and more...
 
Portable Document Format (PDF) (112kb)
CLIENT NEWSLETTER DECEMBER 2017
  • Taxes on Accommodation
  • Planning
  • How is your business organised?
  • Customer Service - Words of Wisdom
  • Important Tax Dates
  • Book Reviews and more...
 
Portable Document Format (PDF) (418kb)
CLIENT NEWSLETTER OCTOBER 2017
  • Company Vehicles & Latest FBT Changes
  • Asset Purchases - Will it stack up?
  • Loans to Family Members
  • Customer Service - Words of Wisdom
  • Important Tax Dates
  • Book Reviews and more...
 
Portable Document Format (PDF) (115kb)
CLIENT NEWSLETTER JUNE 2017
  • Budget Update 2017
  • New Email Scam
  • The Changing Face of IRD, Tax & GST
  • Online Accounting Systems - Bank Balance Correct?
  • Updated Mileage Rates
  • Wheel of Life and more...
 
Portable Document Format (PDF) (383kb)
CLIENT NEWSLETTER MARCH 2017
  • Tax Changes
  • 10 Years of Information
  • ACC - Some Reminders
  • Year End Information
  • Important Tax Dates
  • Change to Minimum Wage
 
Portable Document Format (PDF) (124kb)
CLIENT NEWSLETTER DEC 2016
  • GST De-Registration
  • Residential Property Tax
  • Annual Leave
  • Manage Business Risk
  • Important Tax Dates
  • GST Returns & Tax Payments
 
Portable Document Format (PDF) (351kb)
CLIENT NEWSLETTER OCT 2016
  • Residential Property Update
  • Business Growth & Cashflow
  • The Cash Economy
  • Personal Insurances
  • New Lending Restrictions
  • Employers Record Keeping
 
Portable Document Format (PDF) (349kb)
CLIENT NEWSLETTER JUNE 2016
  • Tax Proposals
  • Rental Property Costs
  • Audit Shield
  • Monitoring Your Business
  • Having a Money Plan
 
Portable Document Format (PDF) (351kb)
CLIENT NEWSLETTER MARCH 2016
  • Minimum Wage Increase
  • Imputation Credits - An Explanation
  • Overseas Income
  • Employment Law Changes
  • Plan The Year Ahead
 
Portable Document Format (PDF) (359kb)
CLIENT NEWSLETTER DECEMBER 2015
  • ACC - Are you paying too much?
  • From the IRD - Undeclared Cash Jobs
  • Important Tax Dates
  • The Year in Review
  • Health & Safety Reforms
 
Portable Document Format (PDF) (376kb)
CLIENT NEWSLETTER OCTOBER 2015
  • Residential Property Update
  • Mileage Rate Change
  • Cyber Bullying & Digital Harassment
  • Mark Up vs. Gross Profit
  • Employer Obligations
 
Portable Document Format (PDF) (350kb)
July 2015
  • Are you a Company Director?
  • Use of Money Interest Rate Changes
  • Fair Trading Act
  • Are you in charge?
  • Budget Update
 
Portable Document Format (PDF) (236kb)
March 2015
  • End of Financial Year
  • Employment Agreements - Do you meet the legal requirements?
  • Depreciation - How much can I claim?
  • Farm Accommodation Allowance
  • How is business tracking?
 
Portable Document Format (PDF) (433kb)
December 2014
  • GST Reminders
  • The Fraud Triangle
  • Annual Leave Calculations
  • Purchasing Equipment ex Bank Funds
  • Solving IRD Problems
 
Portable Document Format (PDF) (484kb)
 
 
 
"Company-X relies on DB Chartered for all the usual accounting stuff but way more than that we see them as partners in our business.

DB Chartered take initiative and help get stuff done and make things happen. For example I love the charts of business performance delivered even without request as part of their service. That's DB Chartered taking initiative and saying "Here you should be monitoring these business success indicators".

They are an essential part of the advisory team developing overall strategy, growth funding, tactical and operational decisions. Having someone else focused on your business like it's their own and sharing in the thought leadership to success is invaluable. You can't ask for more than that."

 
Jeremy Hughes & David Hallett
Directors
COMPANY-X LIMITED
 
 
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