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 Tag: Residential Property

20 November 2020

IRD cracking down on property sales

While New Zealand does not have a comprehensive capital gains tax, we do have a capital gains tax in relation to property known as the bright-line test.

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5 June 2020

Changes to Property Tax Exemptions slipped in latest Tax Bill

The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill was introduced to Parliament on 4 June. The Honourable Stuart Nash said this legislation was to “support growth and assist businesses on the road to economic recovery.

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23 April 2020

Impact of COVID-19 on Residential Tenancies

Whether you are a tenant or a landlord of a residential property, it is important you know your rights and obligations during the COVID-19 Alert Level restrictions.

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22 April 2020

Property Transactions at Level 3

Whether you are in the middle of a residential property transaction or have just entered into a sale and purchase agreement, your transaction is likely to be impacted by the COVID-19 Alert Level restrictions.

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6 April 2020

How to Divide Joint Assets

Contracting Out Agreements   (commonly known as pre-nuptial agreements)   Being in national lockdown in response to COVID-19 is a difficult time for everyone. Many couples will find it puts pressure on their relationship.

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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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