Category Archives: General Accounting

September 2021 – The labour government has proposed changes to interest deductibility rules for residential rental properties.

As a registered chartered accounting firm, Drumm Nevatt & Associates has joined calls to delay the interest deductibility tax change. Too many uncertainties make it unclear how much it will cost investors!

“These changes fail property investors and tenants alike”
This article covers comments and observations by Craig Nevatt

Thinking about joining Kiwisaver? Check out our quick guide with a few key things you should know.

There is no longer the ability to offset rental losses against other employment or business-related income. So what does this mean for investors?

The Privacy Act 2020 aims to keep people’s personal information safe and secure online and offline, therefore it’s important to understand the changes that came into force on 1st December 2020…

Are you a trustee of a Trust? The Trusts Act 2019 (Act) received Royal Assent on 30 July 2019 and will replace the Trustee Act 1956 and the Perpetuities Act 1964 effective from 30 January 2021. The changes are significant …

The Labour Government appointed Tax Working Group (“TWG”), headed up by former Labour Minister of Finance, Hon Sir Michael Cullen, is currently undertaking the fifth major review of the New Zealand tax system in the last 50 years.