Month: March 2018

Changes for dairy goat farmers

With the recent review of the Dairy Goat NSC values, it was announced that the Dairy Goat values were set to increase significantly for 2018. With the imminent increase, this would impact our goat farming clients quite substantially with the goat value changes resulting in increased income and consequently more tax.Chartered Accountants Australia and New …

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Can you see the tax through the trees?

When buying or selling land, it is important to consider the tax implications of any standing timber on the property. Standing timber refers to a block of trees that will yield saleable timber.  The Inland Revenue Department (IRD) excludes fruit trees, ornamental or incidental trees. However, standing timber does include native bush, shelterbelts and erosion …

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