Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | ... | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 
Linuxluver

5615 posts

Uber Geek

Trusted
Subscriber

  #2417231 13-Feb-2020 12:07
Send private message

networkn:

One wonders if this was the plan all along.


 



No. But they lost a tax ruling in May '18 and they said at the time it undermined the viability of their business model.

https://www.interest.co.nz/business/93828/judge-rules-harmoneys-platform-fee-credit-fee-doesnt-accept-relative-novelty-peer




_____________________________________________________________________
If you order a Tesla, click my referral code below to order your car and get free stuff. 

 

My Tesla referral code: https://ts.la/steve52356


kiwifidget
"Cookie"
2060 posts

Uber Geek

Lifetime subscriber

  #2417296 13-Feb-2020 12:47
Send private message

I have a small amount of money sitting in a bank account pretty much gathering dust.

 

It's not enough to put into one of those flash investment PIE things, so this thread is making me wonder if P2P might be a suitable option.

 

At the moment, come tax time, all I have to worry about is getting the RWT certificate. 

 

How does a P2P outfit handle that aspect?  





Delete cookies?! Are you insane?!


 
 
 
 


Linuxluver

5615 posts

Uber Geek

Trusted
Subscriber

  #2417301 13-Feb-2020 12:53
Send private message

kiwifidget:

I have a small amount of money sitting in a bank account pretty much gathering dust.


It's not enough to put into one of those flash investment PIE things, so this thread is making me wonder if P2P might be a suitable option.


At the moment, come tax time, all I have to worry about is getting the RWT certificate. 


How does a P2P outfit handle that aspect?  



They do issue you with a summary of interest paid.

Just be aware you can't claim bad loans against income. So you might earn $2000 in interest in a year and lose $500 due to bad loans. You pay tax on the $2000.. and you lost $500. In that sense, the returns can be pretty weak.




_____________________________________________________________________
If you order a Tesla, click my referral code below to order your car and get free stuff. 

 

My Tesla referral code: https://ts.la/steve52356


kiwifidget
"Cookie"
2060 posts

Uber Geek

Lifetime subscriber

  #2417305 13-Feb-2020 12:58
Send private message

@linuxluver  thank you.





Delete cookies?! Are you insane?!


ANglEAUT
1237 posts

Uber Geek

Trusted

  #2439631 16-Mar-2020 22:21
Send private message

How true?

 

@mattwnz:

 

@GV27:

 

ASX finished down 9.7% today. 

 

This is v. bad. 

 

 

 

 

Effectively another crash. In the US the government put a lot of money into their one, but not in NZ or Oz.  A lot of peoples kiwisavers are not going to look very healthy. Especially people who recently joined, or recently put a lot of money into it. Due to teh low interest rates at teh bank, quite a few people have moved their money out of the bank into shares, which had up till recently been performing well.

 

 

😍Click to see full size

 

 

 

😱Click to see full size

 

 

 

 





Please keep this GZ community vibrant by contributing in a constructive & respectful manner.


1 | ... | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 
View this topic in a long page with up to 500 replies per page Create new topic





News »

Nanoleaf enhances lighting line with launch of Triangles and Mini Triangles
Posted 17-Oct-2020 20:18


Synology unveils DS16211+
Posted 17-Oct-2020 20:12


Ingram Micro introduces FootfallCam to New Zealand channel
Posted 17-Oct-2020 20:06


Dropbox adopts Virtual First working policy
Posted 17-Oct-2020 19:47


OPPO announces Reno4 Series 5G line-up in NZ
Posted 16-Oct-2020 08:52


Microsoft Highway to a Hundred expands to Asia Pacific
Posted 14-Oct-2020 09:34


Spark turns on 5G in Auckland
Posted 14-Oct-2020 09:29


AMD Launches AMD Ryzen 5000 Series Desktop Processors
Posted 9-Oct-2020 10:13


Teletrac Navman launches integrated multi-camera solution for transport and logistics industry
Posted 8-Oct-2020 10:57


Farmside hits 10,000 RBI customers
Posted 7-Oct-2020 15:32


NordVPN starts deploying colocated servers
Posted 7-Oct-2020 09:00


Google introduces Nest Wifi routers in New Zealand
Posted 7-Oct-2020 05:00


Orcon to bundle Google Nest Wifi router with new accounts
Posted 7-Oct-2020 05:00


Epay and Centrapay partner to create digital gift cards
Posted 2-Oct-2020 17:34


Inseego launches 5G MiFi M2000 mobile hotspot
Posted 2-Oct-2020 14:53









Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.