Articles by Matthew Gilligan
Friday, June 22, 2018

You are likely aware of the bright-line tax rule. Initially brought in as a two-year rule, the Labour Government extended it to five years, effective from 29 March 2018. On the face of it, the regime is relatively simple in that you either sell a residential property within the bright-line period, or you do not.   ... Read Article

Friday, April 13, 2018
On 29 March an issues paper was released outlining Labour’s promised tax loss ring-fencing proposals. While it is important to appreciate that this issues paper is designed to generate public feedback and therefore does not represent the final form of the rules, it is worth considering some of the detail provided.   ... Read Article
Friday, February 16, 2018
There are imminent changes to the bright-line test which will affect you if you are planning to buy or restructure investment property. 
  ... Read Article
Friday, October 27, 2017
I’d like to share with you the details of a property deal I’m currently doing in Auckland. Before I get into that, however, I invite you to watch the recording of the webinar I ran with Tony Alexander this week, if you didn't manage to catch it at the time. 
  ... Read Article
Monday, September 25, 2017
With election shenanigans in full flight, it appears we will suffer several weeks of grand standing and power playing as Mr Peters lists his demands and weighs his options. I was going to run a webinar with Tony Alexander on 26 September reviewing the outcome of the election, and the likely implications for taxation and the economy. However, it seems pointless as we don’t yet have a result and we would all be guessing. 
  ... Read Article
Thursday, May 18, 2017
Labour has targeted investors in its fresh housing policy released in the last week. Ringfencing tax losses, five-year bright line rules and a tax committee (to mask their desire to bring in capital gains tax) are all on their agenda.
  ... Read Article
Friday, July 24, 2015
In the last couple of months there have been announcements of two impending rule changes that have had an impact on property investors.    ... Read Article
Saturday, March 09, 2013

Late last year the IRD issued a raft of statements including draft new legislation and new interpretations of existing rules. A few important ones that clients should note as potentially relevant are:  ... Read Article

Tuesday, February 19, 2013

The IRD has recently released a draft interpretation statement on tax residency. Although only draft at this stage, it signals a significant change in the way the IRD applies tax residency rules and if finalised without alteration may impact upon clients whom are outside of New Zealand and currently regard themselves as non-tax resident.   ... Read Article

Wednesday, September 26, 2012

Draft legislation reflecting the Government's desire to reduce tax benefits in respect of mixed use assets has now been released. Mixed use assets are assets that are used for both private and business purposes with holiday homes being perhaps the best example of this. The rules are proposed to apply from 1 April 2013.  ... Read Article

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