Hi, after evaluating Sharesight some years ago, I have returned for a second look. This is my main concern, is it still not possible?..
I have a portfolio in NZ, but am not an NZ tax resident, so I do not want to apply the NZ resident tax regime. Rather, I want the appropriate non-resident regime applied. This is easy enough by setting up a portfolio with my non-NZ tax residency. However my understanding is in this case, the portfolio is converted to my residency currency, correct? But I do not want that at all. I want my NZ portfolio performance valued and marked in NZD. Not my tax currency.
->Is this possible? Portfolio with non-resident setting, that is still reported in NZD?
Alternatively, is this a viable work-around: setup the portfolio as a “fake” NZ resident to ensure NZD reporting, but then edit all dividend income flows to reflect the actual tax deducted on a NRWT basis. Doing this by editing the RWT value in the “Edit a Payment” form.
I have portfolios in various countries and I always report in the exchange currency using my brokers reporting tools. But I don’t have any good reporting tools for my NZ portfolio, hence my looking at Sharesight.