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Check out this week’s issue of the Eagle Eye Property Insights from our senior accountant Graeme Eagle

Investors are definitely back and taking action in the Hawke’s Bay property market. What’s been the driving force behind this? For an investor, it’s all about whether the numbers stack up. The IRD's kicked it off with changes to the Brightline Test and the interest de...
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The end of 2024 is just around the corner which means the end of the financial year is also fast approaching. Now is a good time to get organised for March 2025. There are a few simple steps you can take now to make the next few months smoother. Gather all your financial doc...
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We’re proud to share that last week our very own Vaughan Walsh was awarded a Fellowship FCA Designation by the Council of Chartered Accountants Australia and New Zealand. Vaughan was one of eight members awarded a Fellowship, which is a peer-to-peer recognition of a member...
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MyIR temporary shutdown

November 12, 2024
Heads up: Inland Revenue is running a planned disaster recovery test over two weekends in November when some of its online services will not be available, including myIR.The testing will happen on:Saturday 16 November from 3pm until 9am Sunday 17 NovemberSaturday 23 November...
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Have you heard of a home reversion scheme? Find out all about it in our latest edition of the Eagle Eye Property Insights by our very own Graeme Eagle

Most people have heard of a reverse mortgage, but a home reversion scheme isn’t something a lot of people know much about. A home reversion scheme allows a homeowner to sell part of their property in exchange for a lump sum or regular payments. Some of the benefits includ...
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Inland Revenue has issued a notice that its staff are making unannounced visits to hundreds of businesses who they believe aren’t meeting all their tax obligations

The businesses that will be visited have been identified from the list of nearly 7,000 anonymous tip offs IR receives each year. Businesses with goods and services of lower price points and businesses that handle significant amounts of cash are more at risk of these vis...
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Here's this week’s issue of Eagle Eye Property Insights from our senior accountant Graeme Eagle 

Did you know Hawke’s Bay was one of five regions where property sales activity increased in September 2024? The sales count of 221 was the highest since November 2020 and was up 2.3% on August 2024 and a whopping 26.3% on September 2023. The biggest driver has undoubtedly ...
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Capital gains tax could be back on Inland Revenue’s agenda again, as it’s consulting on the future of the tax system as part of its next long-term insights briefing to the ministers of revenue and finance. IR says it wants to open discussions on the challenges the tax sy...
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Here's the latest issue of the Eagle Eye Property Insights from our senior accountant Graeme Eagle.

1. Capital gains tax has reared its head again following a media interview with the CEO of ANZ. Speaking with some property investor colleagues over the weekend we all agreed it is just a matter of time before some form of comprehensive capital tax was implemented. It raises...
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A friendly reminder from us

October 10, 2024

A friendly reminder from us

If you have staff leaving your company, please remember to cancel their myIR access. Regularly reviewing your agency myIR logons is an important step in preventing former employees from accessing sensitive information. Owners and administrators can manage myIR logons and acc...
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