Posts Tagged ‘tax’
DEPRECIATION CLAWBACK AND YOUR RENTAL PROPERTY
When a property is sold, ideally you should get a proper valuation done (see here for more info). Work out the difference between their current value and their book value and that will give you the figure that is either clawed back or deducted
Read MoreDeFi & 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 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 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 MorePOSITIVE GEARING VS NEGATIVE GEARING
Investing in property can be a lucrative venture, but it’s essential to understand the financial strategies involved. Two terms that frequently arise in property investment discussions are positive gearing and negative gearing. In New Zealand, these concepts play a significant role in how investors manage their real estate portfolios.
Read MoreTHE 7 JULY TAX DEADLINE NZ: HOW EXTENSION OF TIME ACTUALLY WORKS
The 7 July tax deadline NZ taxpayers face catches more people out than almost any other date on the tax calendar. Not because they miss it outright — because they don’t realise it doesn’t apply to them. If you’re linked to a tax agent, you’re very likely working to a completely different deadline. Mixing the…
Read MoreARE RENTAL LOSSES NZ TAX-DEDUCTIBLE IN AUSTRALIA?
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 MoreTAXABLE RENTAL INCOME IN NEW ZEALAND
Taxable rental income in New Zealand …many New Zealanders understand that rent from an investment property is taxable. However, far fewer realise that the rules extend well beyond traditional rental properties. You might own a rental property with long-term tenants. Alternatively, you might rent out a room in your home,(opens in new tab) host short-term…
Read MoreWHAT DOES THE 2025 INVESTMENT BOOST MEAN FOR BUSINESS?
What does the 2025 investment boost mean for business? Property 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,…
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