Monthly Archives: March 2011

Another chapter in the sorry Blue Chip saga…

Posted on March 29, 2011 by Ivan McIntosh

The Court of Appeal has released its judgement in the appeal by investors against a High Court finding that they did not validly cancel agreements for sale and purchase that they had entered into with developers of apartments. Now, lest … Continue reading →

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Update on “Mark’s Mission for Mercy”

Posted on March 24, 2011 by Ivan McIntosh

Well, the fateful day has come and gone, and Mark survived the Tarawera 100km Ultra-Marathon, albeit only just.. I made it!  Finished in the official time of 13.54.07, for 39th place. That was, without doubt, the single hardest but most … Continue reading →

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Residential Depreciation Axed from 1/4/11

Posted on March 18, 2011 by Ivan McIntosh

Back in May 2010 the government announced that buildings with useful lives of 50 years or more would be subject to a zero percent depreciation rate and followed this with an IRD interpretation statement. The Taxation (GST and Remedial Matters) … Continue reading →

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The end of the LAQC approaches…

Posted on March 15, 2011 by Ivan McIntosh

A subject dear to the heart of all clients with residential property investments is the LAQC, otherwise known as the Loss Attributing Qualifying Company; a very useful device which allowed an LAQC’s profits to be taxed at the corporate rate, … Continue reading →

Posted in Property Law, Residential property, Tax Law | Tagged , , , , , | 1 Comment

Mark Colthart’s Mission for Mercy II

Posted on March 2, 2011 by Ivan McIntosh

Frankly, I think it is well past time for something uplifting on this blog, and in support of that notion I would like to introduce you to our colleague and friend, Mark Colthart, and to the Mercy Hospice in Auckland. … Continue reading →

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