Tax
DeFi & CRYPTO TAX IN NZ: WHAT YOU NEED TO KNOW ABOUT IRD’s NEW GUIDANCE
DeFi & Crypto tax in NZ: What you need to know about IRD’s new guidance. New guidance you say? Yes, Inland Revenue has released a new issues paper in February 2026. It applies to anyone using crypto in DeFi – including wrapping, bridging, lending, borrowing, or staking. This paper sets out IRD initial views on…
Read MoreIS SELLING YOUR HOME TAXABLE?
Is selling your home taxable? Selling your home is often one of the biggest financial events in your life. For many New Zealanders, there’s a deeply held belief that “we don’t have capital gains tax”, so any profit made when selling a house must be tax‑free. That belief is partly true – and partly dangerous. While…
Read MoreRESIDENTIAL PROPERTY TAX IN NEW ZEALAND: WHICH RULES APPLY (AND WHEN)?
Residential property tax in New Zealand: Which rules apply (and when)? That is the big question. If you own, rent, or occasionally use a residential property in New Zealand, your deductions and potential tax on sale depend on how you use the property in each income year. That sounds simple—until you confront overlapping frameworks like…
Read MoreTAX TRAPS IN NEW ZEALAND LAND TRANSACTIONS
Tax traps in New Zealand land transactions: is that a thing? Yes. New Zealand’s Inland Revenue Department (IRD) has significantly sharpened its tools for detecting taxable land transactions. With the integration of artificial intelligence (AI) into its systems, the IRD now has unprecedented capabilities to identify patterns, flag anomalies, and enforce tax compliance more rigorously…
Read MoreARE ASBESTOS REMOVAL COSTS TAX-DEDUCTIBLE?
Are asbestos removal costs tax-deductible? Asbestos remains one of the most persistent legacy hazards in New Zealand buildings. While its use declined sharply after the 1980s due to clear links to serious health risks, many homes, commercial buildings, and industrial structures still contain asbestos today. As these buildings age, owners frequently incur costs to test,…
Read MoreOFFSET LTC PROFITS OR LOSSES AGAINST OTHER RENTALS
Note that you can’t offset any losses against income from other sources e.g. wages, like you used to in the good old days. That is what the concept of “ring-fencing of losses” means. The losses are “ring-fenced” so that they only apply to residential rental property.
Read MoreNAVIGATING CRYPTO TAX IN NEW ZEALAND
Navigating Crypto Tax in New Zealand: Cryptocurrency has gone mainstream in New Zealand. Whether you’re trading Bitcoin, minting NFTs, or staking tokens, chances are you’ve wondered: Do I need to pay tax on this? The short answer is yes. The long answer? Well, let’s dive into it. This guide breaks down how crypto is taxed in…
Read MoreARE THE LOSSES FROM MY RENTAL IN NZ TAX-DEDUCTIBLE IN AUSTRALIA IF I’M WORKING THERE? PART 2
does the ATO allow losses from rental property in New Zealand owned by a New Zealand LTC to be offset against personal waged income earned in Australia?
Read MoreWHAT DOES THE 2025 INVESTMENT BOOST MEAN FOR BUSINESS?
What does the 2025 investment boost mean for business? Investors and business owners have been wondering about this since the 2025 Budget introduced one of the most substantial support measures for businesses in recent years—the “Investment Boost.” If you are an investor and/or own a business and are considering buying new assets like equipment, vehicles, or…
Read MoreWHAT TRUST TAX CHANGES MEAN FOR MY FAMILY
What trust tax changes mean for my family: Is that something you have been wondering about? Lately, I’ve been hearing a lot about rising taxes on trusts and the growing wealth gap between generations. Like many families, we’ve worked hard to build up some assets — a home, maybe a rental or two, a business…
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