compliance Archives - EPSOMTAX.COM - Property Accountants, Auckland

MOTOR VEHICLE FBT CHANGES

Garreth Collard, Senior Property Accountant — Mon, 29 Jun 2026 04:33:40 +0000

Motor vehicle FBT changes you say? Yes. The New Zealand Government has confirmed the most significant overhaul of the motor vehicle Fringe Benefit Tax (FBT) rules in decades. From 1 April 2027, employers will no longer calculate FBT primarily by counting the days a vehicle is available for private use. Instead, they will classify vehicles…

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NZ TRUST TAX ISSUES WHEN MOVING TO AUSTRALIA

Garreth Collard, Senior Property Accountant — Fri, 20 Mar 2026 00:35:40 +0000

NZ Trust tax issues when moving to Australia. Is that “a thing”? Ooooh yes. Let’s explore: New Zealand trusts are often treated as simple, stable structures. That sense of stability can quickly unravel when trustees or beneficiaries move offshore—particularly to Australia. Every year, thousands of New Zealanders relocate across the Tasman for lifestyle, family, or…

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HOW A TYPICAL NZ INVESTMENT PROPERTY DEAL WORKS

Garreth Collard, Senior Property Accountant — Sat, 07 Mar 2026 05:56:18 +0000

How a typical NZ investment property deal works… have you ever wondered that? This is a plain‑English, step‑by‑step guide to buying and selling an investment property in New Zealand. It explains the people, the paperwork, the timing, and the terms you’ll hear—so you can feel more confident and work out whether this is something that…

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DeFi & CRYPTO TAX IN NZ: WHAT YOU NEED TO KNOW ABOUT IRD’s NEW GUIDANCE

Garreth Collard, Senior Property Accountant — Fri, 20 Feb 2026 00:53:50 +0000

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…

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RESIDENTIAL PROPERTY TAX IN NEW ZEALAND: WHICH RULES APPLY (AND WHEN)?

Garreth Collard, Senior Property Accountant — Sun, 07 Dec 2025 04:14:46 +0000

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…

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COMPANY DIRECTORS: ARE YOU TRADING RECKLESSLY?

Garreth Collard, Senior Property Accountant — Mon, 20 Oct 2025 06:13:04 +0000

Company directors: are you trading recklessly? Now, you might say “What?! How could I be trading recklessly? What does that even mean?” The following is based on an excellent article from Fortune Manning Lawyers: Company Directors: Are You Trading Recklessly? Understanding Your Personal Liability Under New Zealand Law Many business owners choose a company structure…

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FAMILY TRUST ACCOUNTING – WHAT DO I NEED TO DO?

Garreth Collard, Senior Property Accountant — Wed, 20 Aug 2025 03:50:12 +0000

Family trust accounting – what do I need to do? This could quite possibly be a question which you have never thought much about before. But given the trust tax law changes of recent years, it may now be on your radar. (In fact, in 2026 it should be on your radar!) 30-SECOND OVERVIEW Family trusts…

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NOT ALL PROPERTY MANAGERS ARE CREATED EQUAL

Garreth Collard, Senior Property Accountant — Sun, 20 Jul 2025 04:12:28 +0000

Not all property managers are created equal! What do we mean? In the world of property investment, one of the most critical decisions you’ll make is choosing the right property manager. While many companies promise to “take the stress out” of managing your rental property, the reality is that not all property managers are created…

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REPAIRS TO NEWLY ACQUIRED ASSETS: WHAT’S TAX DEDUCTIBLE?

Garreth Collard, Senior Property Accountant — Wed, 07 May 2025 03:34:18 +0000

Repairs to newly acquired assets: what’s tax deductible? When acquiring an asset – including rental property – it’s common to incur repair costs to bring it up to a usable standard. But can those costs be claimed? The Inland Revenue Department (IRD) has released updated guidance on the subject, including a “Question We’ve Been Asked”…

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DO FAMILY TRUSTS NEED FINANCIAL STATEMENTS IN NZ?

Garreth Collard, Senior Property Accountant — Sun, 19 Jan 2025 22:55:32 +0000

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