You can’t eat investment property
As Kiwis, we love property. In fact, homes and real estate make up approximately 43% of total household assets in New Zealand. However, this love affair has started to sour for many indebted investors.
Higher taxes are coming for trusts: the PIE escape route
The tax rate for family trusts is increasing from a flat 33% to 39% from 1 April 2024. Many Kiwis use trusts to build their retirement savings or pass on their wealth to the next generation and, without care on…
Becoming debt-free faster with the ‘debt avalanche’ method
With the combination of the festive season and the recent spike in interest rates squeezing budgets, addressing the level of debt is becoming a priority for some. Whilst assets that generate income can be legitimately financed by debt that is…
The power of compounding—in health and wealth
Compounding is one of the most powerful forces in the world. Just ask Albert Einstein, who’s said to have called it the “eighth wonder.” The seemingly small decisions we make every day gain power over time.
Deductibility of overseas travel costs
Income Tax deductions can be claimed for overseas travel costs but only to the extent that they have a connection with deriving assessable income or carrying on a business.
Keep calm and carry on
Our Western culture values the idea of activity – being busy is a badge of honour with people listing the number of things they have scheduled in a day with pride. This is arguably the worst way to approach your…
When it’s value vs. growth, history is on value’s side
Logic and history support a commitment to value stocks so investors can be positioned to take part when those shares outperform in the future.
What happens if you miss the market’s best days?
The impact of being out of the market for just a short period of time can be profound, as shown by this hypothetical investment in the stocks that make up the Russell 3000 Index, a broad US stock market benchmark.
Tax on your overseas share investments
If you own overseas shares (excluding Australian-listed companies) that cost more than NZ$50,000 in total, then you may need to follow the FIF (foreign investment fund) taxation rules, which differ from simply including dividends received in your income tax return…
Questions & Answers – Part 2
Philip de Lisle continues his conversation with Chartered Accountants magazine Acuity focusing on current markets and speculative assets.
Questions & Answers – Part 1
In an interview with the Chartered Accountants magazine Acuity, Philip de Lisle answered questions many investors have been asking.
Is the pain over for bonds?
Bonds have traditionally been used to cushion investment portfolios from the more volatile movements more commonly experienced in equity markets, as well as generating low-risk income or yield beyond what is available in the term deposits market.
Foreign income, overseas assets and investments
Do you have foreign-sourced income or own offshore assets or investments? You could be liable for tax in New Zealand.
