Monthly Archives: March 2011

Another chapter in the sorry Blue Chip saga…

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”

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

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…

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

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Mark Colthart’s Mission for Mercy II

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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