Tax Centre

Understand your tax obligations when you invest through Hatch.

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34 articles in this collection
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Investment cost

What is investment cost?

Investment cost is the cost price you paid for your investments
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Written by Support
Updated over a week ago

What’s included in my investment cost?

Your investment cost includes the cost price of the shares you’ve purchased and your available balance.
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Written by Support
Updated over a week ago

Is my investment cost the same as my portfolio value?

No. Your investment cost doesn’t include gains or losses on your investments.
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Written by Support
Updated over a week ago

Does my investment cost include gains or losses on my investments?

Only when you sell your shares.
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Updated over a week ago

Can exchange rate changes cause my investment cost to go over $50,000 NZD?

Yes and no. Changes to the exchange rate won’t impact your investment cost on shares you own, but there are some gotchas.
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Written by Support
Updated over a week ago

Does my investment cost decrease when I withdraw my available balance?

Yes. Your investment cost will be impacted by withdrawals.
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Updated over a week ago

Are Australian shares included in my investment cost or FIF income calculations?

No. Most Australian shares are exempt from the FIF rules, and we exclude all exempt shares.
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Written by Support
Updated over a week ago

How does Hatch calculate my investment cost?

Your investment cost is calculated using end of day exchange rates and your USD investment cost from our broker.
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Updated over a week ago

Does transferring shares to or from Hatch impact my investment cost?

Share transfers may cause your investment cost estimation to be incorrect in Hatch.
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Written by Support
Updated over a week ago

Which exchange rates are used to calculate the NZD value of my investment cost?

We use exchange rates from the European Central Bank.
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Written by Support
Updated over a week ago

How often is my investment cost updated on my current year Tax Reports page?

If you haven’t gone over the $50,000 NZD FIF threshold, your investment cost will be updated every time you refresh the tax report page.
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Written by Support
Updated over a week ago

Why do you only show the peak investment cost when I've gone above the FIF threshold and not before?

We show your current investment cost so you can track how close to the $50,000 NZD threshold you are.
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Written by Support
Updated over a week ago