Tax warning for holiday rentals

New Zealand’s tourism boom means it can be lucrative to rent out property but owners need to do their homework or could get stung.

A lot of apartments and houses in areas such as Queenstown, for example, could easily be rented out on a short-term basis in excess of $1000 a night, Deloitte tax partner Phil Stevenson said.

“At this rate, it only takes 60 nights of occupancy to exceed the GST registration threshold, requiring the property owner to register for GST.”

There were several implications from being GST-registered, Stevenson said.

The biggest and most obvious was GST often needed to be returned on the sale price of the property.

For residential property, that meant the vendor was likely to bear the GST cost because the property would most likely be sold on a GST-inclusive basis.

While it was possible to get a credit on the original purchase of the property, becoming GST-registered essentially gifted 15 per cent of any capital gain to Inland Revenue.

If a person decided to go back to using the property for private purposes and deregister for GST, they were deemed to have sold the property at market value and they would need to fund a GST cost without realising any cash from the sale of the property, he said.

In recent years, Inland Revenue had been focusing on taxing New Zealand’s black economy which was made up in part by taxpayers providing short-term accommodation.

However, unlike a plumber’s cash job or handshake agreements between friends, using an online platform to arrange short-term accommodation generated readily accessible electronic records.

“Warning: Inland Revenue and local government bodies are paying attention.”

Inland Revenue had wide information gathering powers and the ability to request information from online platforms.

Inland Revenue could use the information to quickly identify who was providing short-term accommodation and request evidence income had been declared in a tax return and taxes paid, Stevenson said.

Similarly, with the recent requirement for IRD numbers to be associated with property transactions, it was now much easier for Inland Revenue to identify when GST should be paid on the sale of a property.

Local governments were also focused on short-term accommodation being provided.

Under local council regulations, a property used for short-term accommodation was generally considered to be a commercial property which might affect rates charges and result in other administrative requirements such as consents to operate, he said.

Taxpayers should also consider other contracts held if they were providing short-term accommodation to ensure items such as insurance over the property remained valid.

Staying just one night privately in a property being used for short-term accommodation could have a significant impact on the expenditure that could be claimed as a tax deduction because deductions for expenditure on days the property was empty could be disallowed, Stevenson said.

For debt-funded investment properties, that could have a significant impact on an after-tax return.

“Some of our clients get quite surprised when we tell them they might be better off staying in a hotel or renting the apartment next to theirs rather than staying in their own vacant property.”

Stevenson also got puzzled looks when he tried to explain to property owners who had used a trust or a company ownership structures to protect their investment, if they became GST registered they would need to pay GST to Inland Revenue for the privilege of staying in their own holiday home.

The message for anyone wanting to rent their property on a short-term basis was to do their homework and make sure they did so with their eyes wide open.

“If you are crunching the numbers on a property investment, crossing the $60,000 GST turnover threshold and private use of the property may have a large impact on your bottom line.”

NZ herald

Holiday homes for all budgets

You don’t need to be a multi-millionaire to buy a bach. If you’re willing to think creatively there are ways to buy an affordable slice of paradise.

Type the word “bach” into realestate.co.nz and prices start at $35,000.

On realestate.co.nz the top five searches with the word “bach” were for Thames-Coromandel, the Far North, Whangarei, Marlborough and Rodney.

Of course the term “bach” is a North Island term, and in the South Island the word “crib” is used instead. So realestate.co.nz also provided its top five searches containing the word “holiday”. They were Marlborough, Rodney, Taupo, Rotorua, and Tauranga.

“Popular” can be a double-edged sword. It can also mean prices have already risen and you’ve missed the boat on capital gain.

But factors such as rentability and capital gain potential should probably rank behind where you want to holiday anddistance from home.

Holiday homes aren’t much of an investment thanks to holding costs and the difficulty of renting year-round. There are plenty of other valuable reasons to buy a bach, such as creating family memories.

If capital values play a part in your decision, QV eValuer service allows you to drill down to a particular area such as Mangawhai Heads and find out the median price and how much annual growth there has been.

There is also a search on the QV site that allows you to compare district growth. Unfortunately it’s not easy to do detailed suburb price histories or find data for your own comparative analysis.

There is also a mine of information at homes.co.nz that gives you an estimate for individual houses as well as free sales histories.

If you wanted to buy in Hahei, for example, you could see that 110 Pa Rd, sold in October 2016 for $420,000, but the neighbouring properties are estimated at $725,000 and $880,000.

Buyers who are short on dollars can benefit from thinking outside the square.

Buying leasehold is one option, and it’s possible to buy a waterfront classic Kiwi bach at Lake Rotoma for $98,000.

Or you could buy a caravan or cabin on a campsite, which is also a cheap option.

It’s also an option to buy yourself a piece of land and drop a dunny in and plonk a caravan or shed on the site and have big family camping holidays.

Watch out for covenants or council planning rules that could hamper your dreams.

Timeshares are also an option. New timeshares are sometimes overpriced. There is, however, a thriving secondhand market where you will usually pay considerably less.

Check out the Auckland District Law Society’s advice about timeshares here.

Of course not everyone wants to buy a bargain basement bach. If you have the money for a slice of paradise, you can pay up to $28 million for 306 Cowes Bay Rd, Waiheke Island.

NZherald

Working with professional developers can help your website!

 

 

Building and starting a new website is not easy. There is a lot of work to do, from implementing its features and even designing the graphics and overall site theme. With all of the work that needs to be done, wouldn’t it be better to hire and work with a professional web developer and designer? Working with a professional can sure help those who are thinking about setting up their very first website.

 

A web developer can provide the requisite know-how on what to do to start building a new website. And they can also provide the right services that can help you plan out and then create a new site design that will pop and have a wider appeal. But what else can these web development services provide anyway?

 

Do you want your site to be set up faster?

 

These professional web developers can speed up the whole process of setting up your very first website. They will work hard to ensure that they can deliver your whole website fully functioning within a reasonable time frame.

 

Are you concerned about the site’s overall design?

 

For those that want the best-looking site that they can get, then it should be obvious that you need the assistance of a site designer. These kinds of professionals are going to deliver on your exact vision for a great-looking website. And they can even give you suggestions on how to improve your vision for your site’s look and design too!

 

Get a problem-free and feature-rich site.

 

Building the backbone and structure of your site will fall into the hands of the web developer. And if they are true professionals, then they would do a great job. They would ensure that any feature that you have on your site would end up working properly. And they can also ensure that those features are not going to have any bug at all. If you want to develop a website that has got a ton of useful features, then you need to leave that in the hands of a web development company.

 

So as you can see, working with a professional developer is much better for you and your site in the long run. You really must try and find the best company around if you want to develop a new website from scratch. So you may want to work with a website development north shore company, they will provide you with all of the services that you need when it comes to developing and designing an awesome site.

 

Sure, it may cost a bit of an initial investment to pay for the services of a website developer, but what you pay them is more than worth it. Think about it, if you are going to start a new business site, you can ensure your chances of success with a good website. So if you want better odds for your business, and get an edge over the competition, you need to make your website function properly and also have a killer design as well.

Motels Whanganui- time to select your favorite motel

 

It is that time of the year when you have to start packing your bags for a vacation to your favourite city of New Zealand Whanganui! Yes, you heard it right. But what about the accommodation? Where are you going to stay? Have you thought about it and about the place where you would want to spend your days?

It is very important that you book your hotels prior to your arrival so that you do not have to face any difficulty once you reach your destination. In this article, we will provide you with the information regarding a few motels of Whanganui which will prove quite helpful in your selection of good motels.

A few motels in Whanganui

If you have a look at these motels in Whanganui, then you will be able to decide which one of the motel is the best one. Check out a few of the motels in Whanganui:

  • Riverside Motel

This Riverside motel is very near to the Whanganui river and you can enjoy the view of the river as it is located so close to the river. The rooms are well equipped with all kinds of facilities such as a microwave, fridge and kettle.

You have access to free Wi-Fi as well as a free parking space. The rooms and bathrooms are quite spacious and the motel staff is quite friendly and hospitable.

  • BK’s magnolia motor lodge

This motel offers free barbeque facilities so that you may enjoy. You can plan up a good barbeque in the night with your family or friends and then have the time of your life barbequing.

Guests have free facilities regarding free laundry service and free luggage storage this is helpful if you have a lot of luggage, so the staff can store your luggage and keep it safe.

  • Astral motel

The best thing about this motel is that it offers children play area. This is beneficial for those parents who have kids and children under 10 as their children will love to play. This can be a great pass time for worried parents especially.

The motel also provides the guests with additional facilities such as deep sea fishing, river cruises and jet skiing. This motel is greatly recommended because of the facilities it provides along with the playground which is best for kids.

The parents can have their own time while their kids enjoy the playground.

Have you selected your motel in Whanganui?

All of the motels which have been mentioned above are worth the money that you will pay for them so you need not worry about it. Before reaching Whanganui, you can select the motel which suits you best in terms of relaxation and location. You can then opt for the motel in which you want to stay. So, get the motel booked which suits you the most and enjoy your stay in your favourite motel. The staff in all of these motels is quite friendly and hospitable!

What’s with Invisible Braces for Adults’ Dental Health?

Do you even know that there is an invisible brace for adults? The irony, because how would you know if it is actually invisible? Yet, yes! There is an existing invisible or clear brace and there are a lot of health advantages you can have with this and that will be with the following information below, making you appreciate all the innovations done by the many American Orthodontists.

 

The studies pertaining to the details of the invisible braces all started from the 70s to 90s and the exact year when the studies have been perfected was in the 97 with the help of the 3D technology for printing so then started to have the clear braces fabricated. This started the very first experience of having braces without the need of showing it off. This actually was done for the benefit of every adult that is already hesitant to deal with the traditional braces.

 

There were real advantages seen from these braces from the first time it was worn by a patient. Starting on, no one has to deal any longer with the stigma that the traditional braces have been causing most especially if the patient is already in its late stage of adulthood that still is desiring to have a perfect smile, Through this, the first benefit is to avoiding mental stress for the patient not worrying what others might say about having braces at a later part of life.

 

Next, is the improvement when it comes to the functionality of the invisible braces compared to the traditional and this gives a lot of benefits with the comfort of an adult’s gums that are already been sensitive, due to so many factors like aging and food they take.

 

You can also see a great advantage as to how can adult patient maintain the best oral hygiene having their invisible braces. Knowing that this is detachable, a patient may just remove the braces just before he or she eats so that there will be no food particle that will stick to the braces just like what happens with the traditional braces. With that, you will be able to clean your braces thoroughly and even have it soaked with its prescribed solution.

 

Another great health benefit of these clear braces, the patient’s gums will also be protected from the harsh force that the traditional braces may bring. If ever you experienced installation of wire braces, you will definitely not be exempted from the pain and discomfort of it like your gums will feel so much sensitivity as you eat any kind of food.

 

Gums play a very important role when it comes to oral health and once gums are left unprotected and develop infections, tendencies are; you will be able to develop periodontal diseases and worse, it will actually affect the health of your heart. Veins found in gums are connected to the major cardiovascular veins and by the time infection runs through your blood, heart and other major organs will soon be affected.

 

 

 

 

 

Different Factors Affecting Tattoo Prices

It’s so cool to stand on something that you really want to do in life, and getting a tattoo maybe is on 90% of all people’s bucket list. Having it speaks so much of yourself and your freedom of doing the things that you want without soliciting the opinion of any other people more than yourself for being who you are. Beforehand, the very question is how much it would cost? There are actually great differences when it comes to the tattoo prices that are influenced by the different factors that will be given below.

 

Actually, there is an overwhelming number of reasons the market considers that could affect your tattoo price. First, of course, is the most obvious one which is the size. This will also depend on the artist if there is a fixed prize for every tattoo design he or she has and also it will be based on every inch of it. Next is the expertise of the artist, the better the artist is and the more awards and great portfolio he has, the higher the price his tattoo designs would cost.

 

Yet there is a more interesting factor that is involved when it comes to the different prices for tattoos and this is the location of the artist. In every state, there is a difference, much more when it comes to different countries; you will surely find cheaper tattoo prices most especially in Asian countries where the value of a dollar is bigger.

 

Color is another factor that affects the price of your tattoo. The more the colour the artist would use, the higher the price of it most especially if you require the colours with high quality. The more colour your tattoo requires, the more complicated the shading must be done, so it will also require your artist a more effort exerted and with that, he would probably demand a higher price for sure.

 

Another given factor that will affect the price of your tattoo is the quality of the equipment. The better and the more expensive the tattoo machines of your artist will also demand a higher rate most especially if the equipment were bought from outside countries that the artist would like to cover all the expenses and the shipment.

 

Even the shop is another factor that will affect the prices of the tattoos. The cosier the shop is, the higher prices will be most especially when they have better facilities such assets of chairs specialized for tattooing and cleaning equipment such as an autoclave.

 

The last factor might be odd for you to consider it as to be affecting the price range but it actually does and it is the placement in where you would like to have it done. There are some areas of the body where it would be hard for the artist and the ink to place your tattoo with the exact design you want so if ever you’re planning to have your new or additional ink, do your research for where it will be cheaper.

 

Home

Earn money by renting your property! Listing on AlwaysOnVacation is simple, we’ll help you through-out the process so you can feel safe and secure. Let your property work for you!

Holiday Homes – Find the perfect holiday accommodation among 100,000+ properties worldwide. Whether a whole home or just a room, explore the possibilities

of an amenity-filled holiday houses.

Auckland, on New Zealand’s North Island, is one of the world’s most beautiful holiday destinations as it is known for its idyllic holiday islands, beautiful beaches, outstanding scenery, superb shopping and vibrant nightlife.

Queenstown, on New Zealand’s South Island, is close to many tourist attractions, including Lake Wakatipu, Kiwi Birdlife Park, Fiordland National Park and so much more. Queenstown holiday rentals are perfect for exploring city and country life. The adventurous may also want to trya popular New Zealand holiday experience, bungee jumping from Kawarau Bridge

Wellington, the capital city of New Zealand, has a good collection of heritage buildings, museums and galleries which are worth visiting. Some of the most notable highlights of Wellington include the Georgian Colonial Cottage, Te Papa, Old Saint Paul’s Church, Futuna Chapel and Museum of Wellington City and Sea

Christchurch, on New Zealand’s South Island, offers a wide variety of holiday rental properties. Choose from holiday houses, condos and villas to discover Christchurch’s Canterbury Museum, International Antarctic Center, Orana Wildlife Park, and Christchurch Art Gallery.

about us

AlwaysOnVacation® is one of the world’s largest vacation rental marketplaces and distribution networks with over 100,000 vacation rental properties in 120 countries globally. AlwaysOnVacation vacation rental property listings are published in 16 languages and are viewed by over 6 million travelers each month who are interested in booking a vacation rental! Whether you are looking for a mountain cabin, a beach house, villa rental, vacation cottage or private home vacation rental, AlwaysOnVacation has a huge selection of vacation rental properties to choose from. Search for vacation rental properties with deep discounts for last minute bookings, long stays, and early bird bookings. Begin planning your next vacation today!

Promotional Products

Promotional products are sometimes called as Schwag or swag, are merchandise, which is often identified with a slogan or logo used in communication and marketing programs. The promotional products are publicized to promote a corporate image, a company, event, or brand and it is considered as a part of revolutionary marketing campaigns.

The first popular promotional products in the U.S. are tribute buttons that were manufactured in 1789 to promote the election of George Washington. In the early 19th century, the companies use to advertise through wooden subjects, advertising calendars, and rulers, but there was no structured industry for the formation and distribution of promotional products until the end of the 19th century.

According to the history, a printer in Coshocton, Ohio called Jasper Meek was the individual who is considered as the inventor of the industry when he influenced a regional shoe store to supply imprinted book bags with the store name to schools located in that area.  Henry Beach, who was also a Coshocton printer and also a competitor to Meek, got an idea and then, these two competitors started printing and selling buggy whips, marble bags, fans, card cases, cloth caps, calendars, hats for horses, and aprons.

In Canada, the USA, Ireland, and the UK, corporations, and companies use to purchase their products through promotional product distributor companies.  In Canada and the US, these distributors are known as Promotional Product distributors or Promotional Consultants.

Promotional products are the products that basically contain a custom printed logo or a company name or sometime a message will be printed on the product generally in certain PMS colors.  The distributors help the customers collect the product in the right format, and sometimes they also create products for customers.  Product distributors then ask for the product from the makers, printers, or suppliers.

Products and uses:

The promotional products are used all over the world to promote products, brands, and business identity.  The promotional products are also used as gifts at events like product launches and exhibitions.  Also, the promotional products can be utilized for non-profit organizations to promote certain events and cause like walks or any other event that helps people raise money for a cause.

Currently, you can observe that almost everything can be recognized with a company’s logo or name used for promotion. Standard products like caps, t-shirts, posters, key chains, pens, bumper stickers, koozies, mugs, mouse pads, or toys. Also, if you notice, the biggest product category for promotional products today is clothing products, which frames more than thirty percent of the total. The environmental friendly promotional products like the products that are made from recycled materials and sustainable resources are becoming popular.

Most of these promotional products are comparatively small and reasonably priced, but they can range to prime products. For instance, famous personalities at award shows and film festivals are often receiving costly promotional items, including leather goods, perfumes, and electronic items.  The companies that offer costly gifts to celebrities often request them to take a photo along with the gift product as they can use it for a promotional purpose and enhance their sales on those particular products easily.

THE BEST RING FOR YOUR OTHER HALF

 

An engagement is like no other event. It is the most special time of your life. An engagement is a step in your relationship which will make it official to the world. Hence, for this event, it is important to choose the right ring. Choosing the wrong ring will create issues in your relationship. The engagement ring represents the understanding of your relationship and the significance it holds. While the pressure on the ring might be high there are people out there who are available to provide help.

An engagement ring Auckland is like a promise like no other. There are engagement rings which will cater to all kinds of budget and style. In case if you are looking for a sparkling ring with a little extra glare, then there are options for that. If you are looking for a single stone solitaire which will stand unique then there are options available for that too. All the rings designed for the purpose of engagement are crafted in such a way, keeping the thought of engagement in mind. The rings chosen here will suit the hand of your beloved half.

There are specialists in engagement rings who make sure the diamond rings, made are perfect in the end. There are also wedding rings available which can be chosen for the big occasion. Custom designed jewelry can be chosen when it comes to the engagement ring as there are many experienced jewelers who will be able to provide the expected design. Designers can help out in bringing the ring you have in mind and can bring out the ring you have in your dream, a reality. The bespoke jewelry can be brought out from the wide range of rings.

A custom made ring goes a long way in the engagement story. There are plenty of designs available and it is up to you to choose one from the extensive range available or to choose from the custom made ones. Even the wedding ring can be made in such a way which can be designed to match the engagement ring. The highest standard of workmanship involved in crafting the rings speaks to the qualified jewelers in the industry. The custom rings can even be made according to your need and as per your budget range.

The shops are present to give the most friendly and relaxing experience. Choosing the ring is no easy task. Since the store officials know this, they provide their help in making the process easy for you. You can discuss with the store manager regarding your needs who will help with the selection process. In the case of custom made rings, the same can be done in designing the ring. There are even workshops available which are conducted to discuss the exact requirements of the customers. One can make up a special appointment to discuss in depth. The rings can be tailored according to the requirements mentioned during those sessions. Break from your stress and have a relaxing experience.