Welcome guest, is this your first visit? Create Account now to join.
  • Login:

Welcome to the NZ Hunting and Shooting Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed.

Terminator Night Vision NZ


User Tag List

+ Reply to Thread
Results 1 to 1 of 1
Like Tree6Likes
  • 6 Post By Manchester

Thread: Last chance to make that $5,000 rifle or shotgun tax deductible

  1. #1
    Member
    Join Date
    Apr 2019
    Location
    Inglewood
    Posts
    187

    Last chance to make that $5,000 rifle or shotgun tax deductible

    For all those members who are self employed, the IRD's $5,000 asset threshold finishes on 17 March 2021 (this week)

    This was one of the bits of government legislation that was enabled to get New Zealand businesses spending

    After 17 March 2021, the asset threshold drops to $1,000

    From a practical approach, self employed members can tax an immediate tax deduction on any asset under $5,000 (exc GST) that is used in their business. This includes computers and cell phones etc, but also farm rifles, shotguns, scopes, binos.

    Only a few days to go, but if you are looking to buy, this might be worth considering a purchase prior to the roar or duck shooting

 

 

Similar Threads

  1. Last chance pheasant....
    By the creeper in forum The Magazine
    Replies: 10
    Last Post: 26-08-2019, 11:25 PM
  2. Your Last Chance to Save Our Pistol Grips
    By Digit in forum Firearms, Optics and Accessories
    Replies: 149
    Last Post: 20-12-2013, 11:27 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Welcome to NZ Hunting and Shooting Forums! We see you're new here, or arn't logged in. Create an account, and Login for full access including our FREE BUY and SELL section Register NOW!!