Posts Tagged ‘technical’
TAX 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 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 MoreINVESTMENT BOOST NZ: HOW THE 20% DEDUCTION WORKS
Investment boost NZ: how the 20% deduction works is something that property investors and business owners need to know. Introduced in the 2025 Budget, this is arguably 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…
Read MoreCHANGING SHARES IN LTCS: CONSIDERATIONS
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…
Read MoreBRIGHT-LINE TEST NZ: WHAT IS IT AND HOW IT WORKS TODAY
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…
Read MoreIF I SELL THE FAMILY HOME TO AN LTC IS THE INTEREST TAX-DEDUCTIBLE?
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
Read MoreRING FENCING OF PROPERTY LOSSES
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?
Read MoreHOW TO CALCULATE RENTAL YIELD: GROSS vs NET
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?
Read MoreGST & RENTAL PROPERTIES NZ: WHAT’S EXEMPT AND WHAT ISN’T
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.
Read MoreGST APP TAX REGULATIONS: WHAT YOU NEED TO KNOW
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…
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