820 days ago

Main Home Exemptions

Weston & Associates Ltd Chartered Accountants

Hi again

Exemption for your main home under the bright line tax is full of fish hooks .
One example is:
Often clients assume because they are “now living in it” their home (previously rented) is exempt.

When using Trusts the main home exemption rules can be blurred. It is very important you check with your Tax Advisor so that settlement on sale or purchase happens correctly. Done incorrectly there are significant taxation liabilities.

If you would like some independent advice or need an Accountant please call us.

Phone: 095280069
www.Westons.co.nz...

More messages from your neighbours
17 minutes ago

ODDLY SHAPED BLINDS

Stefan from Plissee Blinds

Window treatments solutions for various window shapes.

*Honeycomb Blinds
*Pleated Blinds
*Venetian Blinds


For more info: plissee.co.nz...

Or call Stefan on 0275218164

12 hours ago

Get painting with Resene plant-based paints!

Resene

Plant-based paints are made just like normal paint but everything in the tin comes from plants and minerals.

Plus they’re Eco Choice approved with low odour and easy water clean-up, so you can paint or stain your place with ease.

Available from Resene ColorShops.
Find out more

Image
1 day ago

Potted colour

The Team from Resene ColorShop Lunn Ave

Express yourself with this artistic dip-dye paint effect using Resene paints. Find out how to create your own with these easy step by step instructions.

Image