IS SELLING YOUR HOME TAXABLE?

is 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 More

TAX TRAPS IN NEW ZEALAND LAND TRANSACTIONS

anxious couple in their home

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 More

INVESTMENT PROPERTY AND LTCs: A GOOD MATCH?

investment property and LTCs: a good match?

    Investment property and LTCs: A good match? (Or as Shakespeare might have said “To LTC or not to LTC: that is the question(opens in new tab).”) For many years, property investors across New Zealand embraced Look-Through Companies (LTCs) as the structure of choice for holding rental properties. Accountants, lawyers, mortgage advisers, and investors…

Read More