Comparative value calculator
Comparative value is your gain for the year: 31 March value plus sales and dividends, less 1 April value and purchases. A person or family trust can use it instead of FDR when it is lower, for every holding, and a loss counts as nil.
CV ($0.00) is lower than FDR ($15,000.00). A person or a family trust may use CV for the year, for every holding (no mixing, IR461 p14).
| Holding | 31 March | Sold | Dividends | 1 April | Bought | CV |
|---|---|---|---|---|---|---|
| Company A | $102,000.00 | $0.00 | $0.00 | −$100,000.00 | $0.00 | $2,000.00 |
| Company B | $110,000.00 | $0.00 | $0.00 | −$100,000.00 | $0.00 | $10,000.00 |
| Company C | $80,000.00 | $0.00 | $0.00 | −$100,000.00 | $0.00 | −$20,000.00 |
| Comparative value (total) | −$8,000.00 |
| A loss is reduced to nil | $0.00 |
| CV income | $0.00 |
| FDR for comparison (5% of 1 April value, before any quick sale adjustment) | $15,000.00 |
| Method | Comparative value (CV) |
| FIF income | $0.00 |
- CV = (31 March value + sale proceeds + gross dividends) less (1 April value + purchases) (s EX 51).
- A person or family trust cannot claim a CV loss on ordinary shares: the total is reduced to nil (IR461 p14).
- If you bought and sold the same shares in the year, FDR may also need a quick sale adjustment: use the FDR calculator.
Worked example shown. Change any figure to see your own result (needs JavaScript).
Questions people ask
Who can use comparative value?
A person, or the trustee of a family trust (type B), for ordinary shares. Companies use FDR. Anyone holding non-ordinary shares uses CV for those.
Can I claim a CV loss?
Not on ordinary shares if you could have used FDR: the total is reduced to nil (IR461 p14). Non-ordinary shares can give a loss.
Why include sales and purchases?
Because CV measures your whole gain for the year. Leaving out trades, as some calculators do, gives the wrong answer whenever you bought or sold.
Calculators
Every FIF tool
Your FIF tax for the year
Holdings in, the $50,000 test, FDR and CV side by side, the lower allowed method, tax and your IR3 boxes.
Open →The $50,000 test
Cost, not market value, on any day of the year. Couples, joint holdings, trusts and the 4-year look-back.
Open →Fair dividend rate calculator
5% of your 1 April value plus the full quick sale adjustment, with last in, first out matching.
Open →IRD exchange rates for FIF
Inland Revenue’s end-of-month, mid-month and rolling 12-month rates, with a converter.
Open →Under $50,000: dividend tax
Below the threshold your foreign dividends are ordinary income. Tax, foreign tax credit and IR3 boxes.
Open →Is this a FIF?
ASX shares, NZ PIE funds, employee shares, foreign super, crypto: in or out of the rules.
Open →New to New Zealand
Your transitional resident end date, and the revenue account method if you qualify.
Open →Overseas shares or an NZ PIE fund
The same money taxed both ways, side by side. Figures only, no recommendation.
Open →Is the threshold $100,000 yet?
No. Dated status of the lapsed bill, and the proposal on your own figures, marked NOT LAW.
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