Should I lock in my milk price?

by | Jun 16, 2015

A few months ago I wrote a blog titled Fonterra GMP scheme – should I or shouldn’t I In that blog I concluded that I would likely not take up the June 2015 GMP offer because all indications are that the 2015/16 season would start with a soft opening milk...

Capital Gains Tax

by | Jun 8, 2015

The recent May Budget introduces a capital gains tax on residential property investment. If you purchase and sell a residential property within two years you will be taxed on any capital gain unless that property was used as your main home, the property was inherited...

New tax payment rules expose taxpayers to late payment penalties

by | Apr 27, 2015

From the 1st of October 2014 the Westpac Bank no longer accept IRD Forms (GST Returns, Employer Monthly Summaries, Tax Payment Slips) or cheques for tax payments. This is part of a push by the Inland Revenue Department to increase the on-line payments of taxation from...

Is a $200,000 premium for a G3 Kiwifruit Orchard really worth it?

by | Apr 27, 2015

Is a mature G3 Kiwifruit Orchard really worth a premium of $200,000 per hectare over and above what you would pay for a Hayward Green Kiwifruit Orchard? Let’s do the maths. For the sake of comparisons we will assume both the Hayward Green and the G3 orchard are in the...