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  1. #91
    Speedy Az winner69's Avatar
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    IRD possibly going deem sharesies punters traders

    Taxing the Sharsies generation
    https://businessdesk.co.nz/article/o...ies-generation
    “Don't focus on short-term swings in price …..better to hope that the price will eventually go higher”
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  2. #92
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    Quote Originally Posted by winner69 View Post
    IRD possibly going deem sharesies punters traders

    Taxing the Sharsies generation
    https://businessdesk.co.nz/article/o...ies-generation
    Not necessarily against Sharesies users (that's just the headline) - but doing a big piece of work on how they will approach the gains not being report as income by "direct" / DIY investors that use platforms like Sharesies, other similar new platforms, as well as traditional ASB securities / Jarden direct etc. I read the IRD work programme this arvo not a lot in there but I've heard from my tax friends they expect the IRD to start doing a lot more risk reviews into people's investments and trades and issue more guidance on what they perceive to be capital and revenue account for people who invest directly.
    Last edited by Muse; 15-11-2023 at 09:59 PM.

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