Forum Archive Index - February 2000

[Nigel McCarter <n.mccarter@clear.net.nz>]

At 09:55 AM 2/8/00 +1300, you wrote:
>Nigel you quote:
>
>"If you buy shares for value investing, with the specific intention of
>holding the shares over the long term in order to gain dividend income,
>then you cannot charge brokerage and losses on share trading against tax.
>Under certain circumstances other expenses are allowable, but at this point
>you need an accountant."
>

Certain classses of information - but I emphasise you have to check this
with the accountant or IRD ... 
Who were, incidentally,very helpful with this sort of question when I first
set up in business.
Nigel McCarter
Safety Management and Information Services Ltd
Box 23 019 Hamilton
Phone 64 7 858 2429 Fax 64 858 2689
Mobile 02 212 4901

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