Sharesies offers an integration with Sharesight which enables you to complete FIF reporting (at a cost). Otherwise, we offer reports in-app that may assist with FIF reporting obligations. You can find more info about FIF here: intercom.help/sharesies/en/articles/1399438-tax-on-sharesies-investments
@@Sharesies But that's $50 a month for the expert plan with FIF report; More than I spend on fees at IBKR with a $200k portfolio. It's a bit pathetic that NZ fintechs cannot do a simple report themselves. I wrote my own FIF report python script in a weekend.
@@jermunitz3020 I asked Sharesies that exact question by e-mail a couple of months ago and they said "This is something we're working on but don't have a timeframe for." I'm considering moving to Hatch since they do already have a FIF report
Yeah pretty ruthless particularly that the lack of this tax on other assets like houses means people just buy houses instead of buying more productive assets.
Thanks what a great interview, this guy is sharp!
Do sharesies have a FIF tax report?
Sharesies offers an integration with Sharesight which enables you to complete FIF reporting (at a cost). Otherwise, we offer reports in-app that may assist with FIF reporting obligations. You can find more info about FIF here: intercom.help/sharesies/en/articles/1399438-tax-on-sharesies-investments
@@Sharesies But that's $50 a month for the expert plan with FIF report; More than I spend on fees at IBKR with a $200k portfolio. It's a bit pathetic that NZ fintechs cannot do a simple report themselves. I wrote my own FIF report python script in a weekend.
@@jermunitz3020 Care to share it ? :)
@@jermunitz3020 I asked Sharesies that exact question by e-mail a couple of months ago and they said "This is something we're working on but don't have a timeframe for." I'm considering moving to Hatch since they do already have a FIF report
@@jermunitz3020 Hatch provides FIF report at $75 as one off cost.
This was great! thank you.
So if inland revenue takes some of the profit when we make money on shares, do they also gives us a refund if our shares drop in value. looool
Yeah pretty ruthless particularly that the lack of this tax on other assets like houses means people just buy houses instead of buying more productive assets.
This guy is smart
Did this guy suggest that Tesla pays a dividend?😂