tax Archives - EPSOMTAX.COM - Property Accountants, Auckland

AUSTRALIAN BUYING RENTAL PROPERTY IN NZ? TAX EXPLAINED

Garreth Collard, Senior Property Accountant — Wed, 09 Sep 2026 20:57:04 +0000

Australian buying rental property in NZ? Tax explained; in particular we cover your New Zealand tax obligations. Australian interest in New Zealand property has spiked sharply. Australia scrapped its capital gains discount for established properties in May, and that’s driven much of it. Searches from Australia-based buyers on NZ property listings sites jumped over 160%…

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INLAND REVENUE TAX AUDITS: WHY PROPERTY INVESTORS NEED BETTER RECORDS THAN EVER

Garreth Collard, Senior Property Accountant — Thu, 20 Aug 2026 03:49:53 +0000

Inland Revenue tax audits are increasing as IRD invests more heavily in compliance activity, data analysis, automated tools, and targeted reviews of property transactions. For New Zealand property investors, landlords, developers, and people caught by the bright-line rules, this means Inland Revenue now has a much stronger ability to detect undeclared income, GST errors, and incorrect…

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ARE SHARES TAXABLE INCOME?

Garreth Collard, Senior Property Accountant — Tue, 28 Jul 2026 19:02:14 +0000

Are shares taxable income? It’s something that many New Zealand investors ask. The answer depends on how you acquired the shares, what income the shares produce, and why you hold them. (If you’re weighing shares against a rental property purchase, see our comparison here.) A common misconception is that every gain from shares is taxable.…

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NZ INCOME TAX RATES

Garreth Collard, Senior Property Accountant — Mon, 20 Jul 2026 00:02:45 +0000

...additionally, the government have increased the trustee tax rate from 33% to 39% from 1 April 2024.

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ARE THE LOSSES FROM MY RENTAL IN NZ TAX-DEDUCTIBLE IN THE UK (IF I’M WORKING THERE)?

Garreth Collard, Senior Property Accountant — Sat, 20 Jun 2026 04:05:31 +0000

ARE LOSSES FROM MY RENTAL IN NZ TAX-DEDUCTIBLE IN UK? ...you have a rental property here in NZ, and it is making a loss; can you claim it in your UK tax return?

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THE DANGERS OF USING AI TO DO YOUR TAX RETURN

Garreth Collard, Senior Property Accountant — Fri, 29 May 2026 03:00:52 +0000

The dangers of using AI to do your tax return? What dangers? Well…. We all know that artificial intelligence has become remarkably accessible. Today, anyone can ask ChatGPT, Gemini, Copilot, Claude, or another AI tool a tax question and receive an instant answer that appears authoritative and well researched. That convenience creates a real danger.…

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COMMON QUESTIONS ABOUT TAX POOLING

Garreth Collard, Senior Property Accountant — Thu, 07 May 2026 02:07:28 +0000

Common questions about tax pooling: what do you need to know as a New Zealand business owner, property investor, or individual navigating provisional tax obligations? You may also hear it described as IRD tax pooling, provisional tax smoothing, or tax payment flexibility solutions—all referring to the same core concept: managing your tax payments more efficiently,…

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COMMON QUESTIONS ABOUT YOUR TAX RETURNS NZ INVESTORS AND LANDLORDS ASK

Garreth Collard, Senior Property Accountant — Wed, 29 Apr 2026 02:12:39 +0000

COMMON QUESTIONS ABOUT YOUR TAX RETURNS. Have you got tax return questions? Great! We try to answer them. Top questions first

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ARE RENTAL PROPERTY LEGAL FEES TAX-DEDUCTIBLE?

Garreth Collard, Senior Property Accountant — Mon, 20 Apr 2026 01:45:23 +0000

Are rental property legal fees tax-deductible? It’s something that rental property owners ask from time to time, and it regularly comes up when we are preparing annual accounts. The answer depends on why you incurred the legal cost, not simply that you paid it. Legal fees regularly arise for landlords: They appear during disputes, lease…

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CAN YOU DEDUCT HOLDING COSTS ON PRIVATELY USED PROPERTY THAT IS TAXED ON SALE?

Garreth Collard, Senior Property Accountant — Tue, 07 Apr 2026 03:12:09 +0000

Can you deduct holding costs on privately used property that is taxed on sale? That’s a good question. An example might be where you sold your property, perhaps a holiday home. It is caught by the Brightline Test (currently 2 years) and so the profit from the sale is taxable. You incurred some “holding costs”…

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