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, May 11, 2018
One taxation risk facing those of you engaged in property dealing, development or building activity, is the risk associated with treatment of GST on purchase. 
  ... 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
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
Wednesday, February 26, 2014
  ... 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

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

Friday, May 11, 2012

The recent Australian Budget announcements include a significant rule change which will affect any New Zealanders whom hold property investments in Australia. Specifically, the 50% discount which was available when calculating capital gains tax on property that has been held for more than 12 months is removed. By way of background, most readers will be aware of the fact that   ... Read Article

Tuesday, September 20, 2011

The IRD has recently released an issues paper in relation to the tax treatment of mixed-use assets.  Whilst the issues paper will apply to a range of assets including yachts, launches, aircraft for example, its application to holiday homes is likely most relevant to readers and clearly the main intended target of these proposed changes ... Read Article

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