Posted 3/03/2011 Updated 27/07/2011 Tags: Income Tax LAQC LTC Rental Property Structures  

From the 1 April 2011 LAQC's (Loss Attributing Qualifying Companies) will cease to exist as we know them today. Inland Revenue are giving these companies the option of changing into another "style" of company or even... more

Posted 17/10/2008 Updated 3/03/2011 Tags: Rental Property Structures  

Privately Owned To privately own your rental property basically is when you go out and purchase and own it under your own name. All rents received and expenses are declared in your personal tax return. There's no... more

Posted 17/10/2008 Updated 3/03/2011 Tags: Business Income Tax Structures Tax Compliance  

Sole Trader A Sole Trader is basically when you go out and do something for money but are not actually employed as an employee by a business or person. You use your own IRD number for invoicing and all profits are... more