by Hitesh | Aug 2, 2021 | Blog
With the current inflation rate pressure heading towards the 1 to 3% boundary, the Reserve Bank has decided to leave the OCR unchanged but speculation is rife that it may go up soon. The OCR rate is used as a tool to halt the rise in inflation and when the OCR goes up...
by Hitesh | Jul 2, 2021 | Blog
For sales of commercial property over $1M and residential over $7.5m. Before 1/7/21 both vendor and purchaser could provide their reg. valuations at sale date and submit them to IRD. The depreciable portion of the asset could be vastly different having the effect that...
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