Articles by Matthew Gilligan
Tuesday, July 09, 2019

If you have a spare bedroom or two at home, you may think about renting it out in order to generate some additional income.  As you might expect, there are potential tax implications if you do so. The tax implications differ depending on the arrangement you have with the occupant. Broadly speaking, there are three different types of occupants as follows:  ... Read Article

Tuesday, July 09, 2019

Renting out the spare bedroom

If you have a spare bedroom or two at home, you may think about renting it out in order to generate some additional income.  As you might expect, there are potential tax implications if you do so. The tax implications differ depending on the arrangement you have with the occupant. Broadly speaking, there are three different types of occupants as follows:  ... Read Article

Friday, June 07, 2019
After several months considering over 250 submissions, the Finance and Expenditure Committee has reported back to Parliament on the loss ring-fencing rules. Reflecting the fact that the original draft was somewhat of a shambles, they have thrown that out and started again from scratch. 
  ... Read Article
Friday, June 07, 2019

Ring-fencing Update

After several months considering over 250 submissions, the Finance and Expenditure Committee has reported back to Parliament on the loss ring-fencing rules. Reflecting the fact that the original draft was somewhat of a shambles, they have thrown that out and started again from scratch. 
  ... Read Article
Monday, March 04, 2019
The Tax Working Group’s final report has been issued, and I give a quick assessment of the main points below. However, bear in mind that what the TWG have recommended and what Labour actually implement, are likely to be completely different.
  ... Read Article
Monday, March 04, 2019

TWG Final Report

The Tax Working Group’s final report has been issued, and I give a quick assessment of the main points below. However, bear in mind that what the TWG have recommended and what Labour actually implement, are likely to be completely different.
  ... Read Article
Tuesday, January 29, 2019
I wrote about loss ring-fencing in my December article, and it is still a hot topic. With the rules to take effect from 1 April 2019, and the legislation still not finalised, there are a number of questions that remain. I address some of these using case studies, which could well apply to you.  
  ... Read Article
Tuesday, January 29, 2019

Loss Ring-fencing Questions

I wrote about loss ring-fencing in my December article, and it is still a hot topic. With the rules to take effect from 1 April 2019, and the legislation still not finalised, there are a number of questions that remain. I address some of these using case studies, which could well apply to you.  
  ... Read Article
Thursday, December 06, 2018

On 5 December 2018, the Government released the first draft of legislation dealing with the proposed ring-fencing of tax losses from rental properties. First impression on reading the Bill is that it is extraordinarily complicated and leaves questions unanswered. Here is a quick summary of the key points.   ... Read Article

Thursday, December 06, 2018

Hot off the press - Ring-fencing Bill

On 5 December 2018, the Government released the first draft of legislation dealing with the proposed ring-fencing of tax losses from rental properties. First impression on reading the Bill is that it is extraordinarily complicated and leaves questions unanswered. Here is a quick summary of the key points.   ... Read Article

Tuesday, November 27, 2018
Earlier this year I wrote about some of the dangers posed by the bright-line rule when restructuring. I did this because the bright-line rule is something we grapple with daily at GRA. However, there is a series of questions that come up on a regular basis that I did not get a chance to address in this previous article, and I cover these below. 
  ... Read Article
Tuesday, November 27, 2018

Bright-line rule FAQs

Earlier this year I wrote about some of the dangers posed by the bright-line rule when restructuring. I did this because the bright-line rule is something we grapple with daily at GRA. However, there is a series of questions that come up on a regular basis that I did not get a chance to address in this previous article, and I cover these below. 
  ... Read Article
Monday, October 29, 2018
There is no doubt the Tax Working Group’s recently released interim report is the topic du jour. Accordingly, it is only appropriate that I offer my two cents’ worth, particularly in relation to the comments on a possible capital gains tax.   ... Read Article
Monday, October 29, 2018

My Two Cents on CGT

There is no doubt the Tax Working Group’s recently released interim report is the topic du jour. Accordingly, it is only appropriate that I offer my two cents’ worth, particularly in relation to the comments on a possible capital gains tax.   ... Read Article
Monday, September 24, 2018

The Tax Working Group has released its interim report on its review of the NZ tax system.  The interim report discloses the TWG’s direction as it pushes towards finalising its recommendations in February 2019.    ... Read Article

Monday, September 24, 2018

TWG Recommends Capital Gains Tax (First Report) 2018

The Tax Working Group has released its interim report on its review of the NZ tax system.  The interim report discloses the TWG’s direction as it pushes towards finalising its recommendations in February 2019.    ... Read Article

Monday, September 03, 2018
One of the questions I get asked most frequently is, ‘Am I a property dealer?’ The typical scenario is that a client approaches me after having sold a couple of properties in the past few years and is now about to sell another one. They want to know if these property sales mean that they are 'property dealers'.   ... Read Article
Monday, September 03, 2018

Are you a property dealer?

One of the questions I get asked most frequently is, ‘Am I a property dealer?’ The typical scenario is that a client approaches me after having sold a couple of properties in the past few years and is now about to sell another one. They want to know if these property sales mean that they are 'property dealers'.   ... Read Article
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, June 22, 2018

Bright-line tax dangers

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

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