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 Tag: Property Tax

15 July 2020

Is the Sale of Your Property Subject to Tax?

New Zealanders love property. Buying and selling property in New Zealand is common. What is less commonly known are the tax implications of these transactions. For many years, people have used property as a way to increase their wealth.

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26 March 2020

Emergency Benefit Tax Trap

Emergency Benefits Could Cost Temporary Residents Dearly  In welcome news, the Government passed the COVID-19 Response Taxation Bill which is now awaiting Royal Assent.

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25 March 2020

Commercial Leases – COVID-19

The Government has stepped up its coronavirus response to Level 4. This has meant that all non-essential businesses are now closed, as at 11. 59pm on 25 March 2020, for at least four weeks.

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29 April 2019

Providing an incorrect warranty regarding GST registration proves costly  

  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.

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19 March 2019

Confusion still reigns over Capital Gains

With no comprehensive capital gains tax to be implemented and letters from armchair experts filling the local papers, it is timely to familiarise ourselves with the current laws in relation to capital gains on the sale of land.

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9 March 2019

Don’t get caught with a NZ tax bill while you are living overseas

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 Zealand so you are not welcomed back to New Zealand...

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