technical Archives

CHANGING SHARES IN LTCS: CONSIDERATIONS

By Garreth Collard, Senior Property Accountant | May 29, 2025

Let’s say that the company owes the shareholders $150,000. This is tracked in the Shareholders Current Account, and is a liability (debt) of the LTC…

BRIGHT-LINE TEST NZ: WHAT IS IT AND HOW IT WORKS TODAY

By Garreth Collard, Senior Property Accountant | April 7, 2025

Illustration titled "The Brightline Test Blues" showing a worried couple on a couch in Flatbush, Auckland, with thought bubbles connecting a question-marked rental property to a calendar, calculator and dollar signs representing bright-line tax implications.

The bright-line test NZ property owners deal with has changed four times since it began in 2015. That history creates real confusion. Plenty of investors still believe they’re locked into a 5-year or 10-year rule that hasn’t applied to their sale for years. This guide sets out how the test works today, the history behind…

IF I SELL THE FAMILY HOME TO AN LTC IS THE INTEREST TAX-DEDUCTIBLE?

By Garreth Collard, Senior Property Accountant | March 7, 2025

Couple reviewing rental property paperwork at their kitchen table, with a laptop open to a page about LTC – Look-Through Company tax implications for selling rental property.

Under present rules i.e. pre 1 July 2024, unless the house is rented to an approved community housing provider or is a “new build”, there is no interest deductibility

RING FENCING OF PROPERTY LOSSES

By Garreth Collard, Senior Property Accountant | December 7, 2024

a couple ponder ring-fencing of their rental property loss

Ring fencing of property losses is here to stay. What will be the impact, and what strategies should you employ? How will it affect you? Will you still get a tax refund?

HOW TO CALCULATE RENTAL YIELD: GROSS vs NET

By Garreth Collard, Senior Property Accountant | August 30, 2024

Couple reviewing rental yield calculations on a tablet at home, with a laptop, calculator and papers on the coffee table and a whiteboard behind them reading "Rental Yield?"

So, we just showed you how to work out the Gross Yield. How do you work out the Net Yield, that is, the Yield post- or including expenses?

GST & RENTAL PROPERTIES NZ: WHAT’S EXEMPT AND WHAT ISN’T

By Garreth Collard, Senior Property Accountant | July 7, 2024

Couple reviewing rental property paperwork and a spreadsheet on a laptop at home, with a thought bubble showing a piggy bank and "GST" representing their question about GST on rental income.

For GST-registered buyers, buying a property off a GST-registered seller means that the sale is zero-rated for GST i.e. none is paid by the seller and none claimed by the buyer.

GST APP TAX REGULATIONS: WHAT YOU NEED TO KNOW

By Garreth Collard, Senior Property Accountant | March 31, 2024

a property owner worries about GST on his Airbnb rental property

GST app tax regulations: what you need to know. The GST app tax rules NZ hosts and drivers will soon operate under will take effect from 1 April 2024. They’re already catching people out in the lead-up, usually because some assumes the old GST threshold rules will keep applying the way they always have. If…

OVERSEAS PENSION NZ TAX RULES: HOW DO I GET THE MONEY BACK TO NEW ZEALAND?

By Garreth Collard, Senior Property Accountant | January 7, 2024

Overseas Pension: How do I get the money back to New Zealand?

Basically, Foreign Investment Fund (FIF) rules are there to declare your foreign investments, as the name suggests. If you haven’t been using these up until now, the proposed new rules will effectively be compulsory.