IRD guide for the single trader: how to not pay tax on purpose

IRD guide for the single trader: how to not pay tax on purpose
Newcomers to share trading and seasoned players alike can glean handy tips from the IRD's recent draft statement on tax liability. (Image: Getty)
David Chaplin
“The use of online investment platforms to invest in shares is becoming increasingly common,” the Inland Revenue Department notes in a recent draft statement of the obvious.According to the Inland Revenue Department (IRD), many in the platform-based community are less clear that their stock-trading profits might be taxable.“Most people understand that share traders or dealers who buy shares for resale need to pay tax, but it is not so well understood that people who make only occasional sales also have to pay tax if those shar...

More Opinion

Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025
Why luxury needs a wake-up call
Opinion Fashion

Eden Bradfield: Why luxury needs a wake-up call

The focus should be on selling consumers a lifestyle, not just status symbols. 

Eden Bradfield 01 Jul 2025
Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025