Holiday Homes – Sweeping IRD changes!

If you own a holiday home and rent it out sporadically to earn a few dollars to cover rates and insurances etc, please read the following article by Withers Tsang – Chartered Accountants. IRD have radically change the rules for mixed use assets which a rented...

Repairs and Maintenance

“Repairs and Maintenance” to the tax depreciation rules Recently the Government have released an official issues paper entitled “Repairs and Maintenance” to the tax depreciation rules.” This issues paper contains proposed changes to the...