113 Bank Street, Whangarei, Vinetown 09-4388 879 shp@shp.co.nz

Syers Hamilton Pool Accountants Building Whangarei

Latest News

Latest News 

Residential Rentals – What’s Happening to Your Losses?

Shelley Yeates 738 Article rating: 5.0

If you own residential rental property, the rules have changed from the 2019/20 tax year onwards, with regards to any losses made.

 

Rental losses (i.e. where your tax deductible rental expenses exceed your rental income) can no longer be off-set against other income such as business income, wages, interest and dividends.  Instead, rental losses will be carried forward to use against residential rental property profits in a future year.

Xero Tip – Save Time with the Inbuilt Calculator

Shelley Yeates 682 Article rating: 5.0

Have you ever gone to enter a figure in Xero only to reach for a calculator to work out the amount first?  Did you know that Xero has an inbuilt calculator for basic calculations within transactions, invoices, bills and manual journals?

Learn more about SHP