The tax solution for your investment portfolio
If you’ve been struggling with calculating your portfolio taxes, it’s time to swap your spreadsheet for Sharesight.
Simplify your portfolio tax reporting
Built in NZ, for NZ investors
✔️ Tax residency
Set your portfolio base currency to NZD, and automatically calculate currency fluctuations for any foreign shares.
✔️ IRD tax status
Set your portfolio tax status to Investor or Trader, and indicate your NZ Resident Withholding Tax Rate.
✔️ Financial year
By default, the end of financial year for New Zealand portfolios is 31 March, but you may edit it as required.
5 ways Sharesight helps NZ investors at tax time
Everything you need to calculate your portfolio taxes
⭐ See all your dividend income
Use the Taxable Income Report to see a running total of all your dividends, distributions and interest payments, broken-up by local NZ and foreign income. The report can be run at any time, over any time period.
⭐ Calculate your FIF income
Use the FIF Report to automatically flag any holdings within your portfolio which are subject to FIF rules according to the IRD. If you exceeed the FIF threshold (generally $50,000 for individuals), Sharesight will automatically calculate your FIF income using both the Fair Dividend Rate and Comparative Value methods.
⭐ Calculate your capital gains tax
Use the Traders Tax Report to calculate your taxable capital gains if you’re classified as a “trader” by the IRD. The report may be run over any date range, and you may carry forward losses from the previous reporting period. You may also model different sale allocation methods including: FIFO, LIFO, Minimise Gain, and Maximise Gain.