Posts Tagged ‘advice’
DeFi & CRYPTO TAX IN NZ: IRD UPDATED GUIDANCE
DeFi & Crypto tax in NZ: IRD updated guidance. Updated guidance? Yes. Inland Revenue released an issues paper in February 2026 setting out its initial thinking on how DeFi transactions are taxed — including wrapping, bridging, lending, borrowing, and staking. After that, the Government went a step further and thus this blog article has been…
Read MoreWHY YOU SHOULD (ALMOST) ALWAYS GET CHATTELS VALUED
Why you should (almost) always get chattels valued… it might seem like a waste of money. After all – you might say – I have a property valuation. True. That likely shows the land and building value and may even show the value of the chattels. However, if you rely on that you could potentially…
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. New…
Read MoreNZ TAX RESIDENT WITH OVERSEAS INVESTMENT PROPERTY. DO I HAVE TO PAY NRWT? OR AIL?
NZ tax resident overseas rental property NRWT. Was that what you were looking for? Well, you’ve come to the right page. If you are wondering “I’m a NZ tax resident with overseas investment property. Do I have to pay NRWT? Or AIL?” we can help. Updated 15 September 2026: This article was first published in…
Read MoreRENTAL PROPERTY YIELD vs CASH FLOW: WHAT ACTUALLY MATTERS FOR INVESTORS
Rental property yield vs cash flow is a distinction that trips up more investors than almost any other property metric. A property can show an impressive yield on paper. It can still drain money from your bank account every month. Another can show a modest yield and comfortably fund itself. This guide explains why yield…
Read MoreCOMPANY VS SOLE TRADER
Company vs Sole Trader: Which structure is right for your business? When you start a business in New Zealand, one of the first and most important decisions you’ll make is choosing the right structure. The most common options are operating as a Company vs Sole Trader. At first glance, the decision might seem straightforward. But…
Read MoreFINDING THE RIGHT SUBURB TO BUY IN
Finding the right suburb to buy in matters as much as choosing the right property itself. The same house can perform completely differently depending on where it sits. Rental demand, capital growth, and even how easily you can sell down the track all depend heavily on location. This guide walks through what actually matters when…
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.
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