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Yi Ping'sMy two cents: inflation
Inflation is a hot topic at the moment. While cash inflow is stable or decreasing, cash outflow is increasing dramatically – some items have doubled or tripled their price in the last two years! So, what can we do to handle the situation, or at least, survive? I’ve stepped into different shoes to understand people’s […]
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Mining, free money and rocket science – part one
Eduardo Porter wrote an article in the Wall Street Journal titled “Loss of Dynamism is impeding Growth”. The premise of the article was that New Zealand, like others in the OECD, have not generated enough early stage companies and have not done enough to ensure they become mature or revenue generating companies. The article quotes […]
Are you protected if IR were to audit you?
Audit Shield is an insurance which provides for the payment of professional fees incurred in the event you are selected for an audit, enquiry, investigation or review instigated by Inland Revenue (IR). The cost of being properly represented can be quite considerable depending on the circumstances. Even a simple enquiry can require hours of work. […]
Breathing, bleeding, burns and bones
I recently completed a St John First Aid Level 2 course. I am surprised by what has changed over the course of a few years. Methods from my education have been over turned, some old-wives tales’ proved false and some myths busted. It was fun and the teaching style varied – our tutor Ray used […]
Wealth, privilege and responsibility
Most do not have to consider the vexed issue of legacy and succession. Most don’t have to fret that when they die, their children will have choices that they are ill prepared for. Some fret that their children expect to inherit and thus live waiting for their parents to die. This is the point where […]
Tax Changes Continue to Catch-Out Non-Residents
For many years, the New Zealand property market has been an attractive investment opportunity for foreign buyers, predominantly due to the fact that NZ does not have a capital gains tax regime. Consequently, a residential rental property, could be acquired by the non-resident, rented for a number of years, and sold for a gain upon […]
