During the tax year, you’ll be able to see your estimated investment cost in the Tax Reports section in Hatch. Your investment cost is what’s used to determine whether you’ve gone over the $50,000 NZD threshold and, as a result, fall under the Foreign Investment Funds (FIF) tax rules.
If you haven’t exceeded $50,000 NZD in investment cost during the tax year, we’ll show you what your estimated current investment cost is so you know how far off the $50,000 NZD FIF threshold you are.
If you’ve already hit the threshold at any point in the tax year, you’ll fall under the FIF tax rules, so your current investment cost is no longer relevant. In this case we show you when you hit your peak investment cost and what it was.