Many taxpayers are unaware of the IRD’s Tax Pooling Service. In a somewhat surprising shift (given their enthusiasm for charging interest and penalties!) it allows taxpayers to reduce their exposure to interest and penalty costs.

At last, the holiday break is nearly here! Wouldn’t it be great for you and your significant other to take an overseas “business trip” and deduct the cost of the trip as a travel expense? Sorry, that’s unlikely to happen.

Owning a rental property can be a minefield, requiring good advice to maximise your investment returns.