The deadline to get submissions to the IRD on the discussion document "Repairs and maintenance to the tax depreciation rules - an Officials issue paper" is fast approaching.

In this special edition we provide background of the proposed changes and ideas as potential issues for you as a property investor.

THESE PROPOSED CHANGES WILL AFFECT YOU DIRECTLY AND WILL DECREASE THE CASHFLOW FROM YOUR INVESTMENT PROPERTY.
 

Read the Valuit document provding an overview at

www.valuit.co.nz/currentissues.htm

Once you have read the document and understand the issues you need to write a response to the IRD detailing your thoughts and comments. YOUR COMMENTS DO COUNT AND CAN MAKE A DIFFERENCE.

Note there is no right or wrong way to put a submission together. It can be as simple as a one page letter. There is no form that needs to be completed with your submission.

The discussion document is just that - the Government want to know what YOU think about the proposed changes. The Valuit document is to get you thinking about the issues.

If you do not provide your thoughts to the IRD they are likely to assume that you have no issue with what they are proposing!

THE MORE SUBMISSIONS THAT ARE MADE THE BETTER FOR ALL INVESTORS.