DAVID CHAPLIN: Share traders, crypto-jugglers and the IRD

DAVID CHAPLIN: Share traders, crypto-jugglers and the IRD
David Chaplin
In line with offshore markets, the NZX has seen a rush of new investors this year, encouraged by low interest rates, idle lockdown hours and easy app-based access.The trend has not escaped the attention of the Inland Revenue Department which, despite the absence of a formal capital gains tax in New Zealand, may have some claims on profits generated in the NZX retail frenzy.According to the IRD website, profits accrued through trading NZ and most Australian shares could be taxed at an individuals’ marginal rates “where an investor is...

More Opinion

Carmageddon: to buy shares, or not to
Opinion

Simon Robertson: Carmageddon: to buy shares, or not to

A basic early investing rule: never own airline or car company shares.

Red tape? More scissors, less string please
Opinion

Deb Te Kawa: Red tape? More scissors, less string please

We need a complete rethink of how we approach regulation in Aotearoa New Zealand.

Deb Te Kawa 13 Dec 2024
Is advertising ready for the giant babushka?
Opinion

Kelly Bennett: Is advertising ready for the giant babushka?

Advertising was built on mergers but has not seen anything like IPG and Omnicom joining.

Kelly Bennett 13 Dec 2024
Microsoft’s shiny new NZ datacentre
Opinion

Peter Griffin: Microsoft’s shiny new NZ datacentre

NZ is a sort of experiment demonstrating the role of high-capacity infrastructure.

Peter Griffin 12 Dec 2024