November 2004  
Free to Valuit clients, normally $150 for a lifetime subscription.  
   
A break for two to Australia
 

Often chattel valuations are forgotten about on properties purchased during the year until tax time, which holds up filing your tax return.

As an incentive for all clients of Valuit who have a chattel valuation completed between now and 10 December you will go in the draw for a mystery weekend break for 2 in Australia*.

This means that when you (or your advisor) file for your tax break you will have the depreciation information that you require making your life a little less stressful.
 

Hang on the IRD is reviewing the depreciation of residential rentals.
 

That is right. However the IRD are not looking to remove the ability to claim depreciation but purely change some of the rates (both increase and decrease). With the detailed reports that Valuit provide you (or your advisor) will easily be able to accommodate any change in depreciation rates which may occur.

With the proposed changes it will be more important for you to get a full apportionment of the purchase price at the time you purchase the property.

We will keep you posted of any relevant changes.

 

Call now to book an Appraisal
 

Call us on toll free 0508-482-583 to book your Appraisal

Or

book on line at

www.valuit.co.nz/book_appraisals.asp

 

The fine print
 

* The prize is valued at over $1100. Judges decision is final and no correspondence shall be entered into. Travel is subject to the Terms and Conditions of the Air New Zealand Mystery Weekend package. To qualify the invoice must be paid by 20th December 2004. The draw will be made on 21st December and notification will be made in the Valu in Review following the draw date.
 

 
We have tried to include a variety of articles and viewpoints on property recently contained in the media. Please note that the articles are a summary of the main points and we endeavour to reflect these as accurately as possible. The contents do not constitute professional advice and should not be relied upon as such. We strongly recommend that you seek professional advice at all times. The information is in no way a reflection of views held by Valuit Asset Appraisals Ltd or its staff.

Call Now to book an Appraisal
Call us on toll free 0508-482-583 to book your Appraisal
 
..or book on line
(click on the link)

www.valuit.co.nz/book_appraisals.asp
 



Head Office
Phone: 0508 482 583
Fax: 06 877 5571
Email: info@valuit.co.nz
Web: www.valuit.co.nz
VALUIT Specialists in property depreciation