Articles by Matthew Gilligan
Thursday, November 14, 2013

A common issue that arises is dealing with insurance companies over the names on insurance policies. Technically, insurance should held in the name of the owners of a property.     ... Read Article

Friday, September 30, 2011

Many of you will be aware that the Government have changed the rules on gift duty, repealing gift duty legislation from 1 October 2011.  The effect of this is that IRD will no longer have an interest in gifts made after this date, as the transference of wealth will no longer be subject to gift duty from this point.  ... Read Article

Wednesday, March 02, 2011

In recent times most have been consumed with the LAQC / LTC changes which are now fast approaching enactment on 1 April 2011.  As a result of this focus it is easy to miss some other significant law changes that have either been enacted or are currently before Parliament.  Changes are on their way for gift duty, GST and eligibility for family assistance.  By way of a broad overview the following is a summation of some of the key changes: 

  ... Read Article
Wednesday, November 03, 2010

GIFT DUTY TO BE ABOLISHED
On Monday Revenue Minister Peter Dunn confirmed that the government intends to abolish gift duty.  Earlier this year the Minister had signalled that a review was being undertaken as to whether or not the gift duty regime should be repealed or amended.  Subsequently that review has occurred with the Inland Revenue producing a report assessing the impact of a repeal of gift duty across other governmental and legislative areas.  One of the prime concerns that was raised when the review was announced earlier in the year was whether or not repealing gift duty would have an adverse affect on creditor protection and rules in relation to qualification for social assistance. Contact Us at GRA.  ... Read Article

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