Making Your Current Investments More Tax Efficient

New legislation changing the way investments are taxed was introduced in 2007 and updated further in 2008. This legislation is extremely beneficial for our clients and for most New Zealand investors who now pay tax at their individual rates, rather than at the company rate of tax that managed funds were previously taxed. Also, there is no longer a tax on capital gains for investors using managed funds to invest in New Zealand - and many Australian - listed shares.

The changes have been made to encourage New Zealanders to save more, and in order to get the most out of this new benefit investors have the opportunity to invest in a PIE fund, or Portfolio Investment Entity.

Spicers advisers are the experts when it comes to understanding PIE investments and can offer our Spicers Premium Plus PIE fund to our clients, where the maximum capped tax rate is 30%.

You can give us Spicers a call tollfree on 0800 777 802. We will be happy to answer any questions you may have, and to send out a printed copy of the Investment Tax Report and as well as the Premium Plus Investment information to you.

Quality advice in this area is important – to discuss your individual investment tax situation please contact Spicers and ask us to follow up with a phone call at your convenience.