by Gerard | Oct 1, 2018 | investment property accounting, Property Accounting, Rental property tax, Tax Accounting
How much tax do you pay on rental income? Rental income tax: Introduction In New Zealand everyone has to pay their share of tax and in this way the nation’s government is able to fund those services considered as being free such as education, healthcare, welfare and...
by Gerard | Aug 8, 2017 | Property Accounting
Rental Property Accounting: Good Practice 1. Keep a separate bank account for the rentals. Provide Bank Statements for the rental account for 1 April to 31 March each year. Having copies of the loan statements for any debt on the properties for the financial year is...