Are you migrating or returning to New Zealand? Are you aware of the tax implications of such a move? Many people move to New Zealand having kept overseas properties. Sadly, these new Kiwis can easily be caught out by the tax traps involved in this, leading to both undesirable and unexpected outcomes.
While no comprehensive capital gains tax is being considered in New Zealand at present, there is already a full body of tax law relating to land. The misconceptions as to… read more →
I am frequently asked by clients to assist with the GST implications of a proposed property purchase. A lot of clients want to know whether they should register for GST… read more →
With the world becoming a much smaller place, it is easy for businesses to find themselves trading overseas without too much consideration. However, there are a large number of complex… read more →
GST is easy – it’s 15%, 0%, or wrong. GST is the most common thing that goes wrong in property transactions, due to a widespread lack of understanding by registered… read more →
In a recent case, the High Court awarded summary judgement on appeal against a vendor for a breach of warranty in relation to the GST on the sale of land.… read more →
Are you leaving NZ permanently, or going on an extended overseas trip? Make sure you know your tax obligations and how to ensure you break your tax residency in New… read more →
Are you a director or a key staff member of an offshore business? Did you know that your presence in New Zealand might cause your company to be subject to… read more →