Articles by Matthew Gilligan
With New Zealand’s borders being closed, and likely to be closed for some time, a number of clients who have rented properties on a short-term basis (e.g. via Airbnb) are converting those properties to long-term residential tenancies. This raises the question – what are the..Read Article
Yesterday (9 September 2020) Labour announced a new tax rate of 39% on personal income exceeding $180,000 per annum. Key points that we know so far:• Applies to individuals only, i.e. an individual on a salary of, say, $200,000 will pay an additional $1,200 per..Read Article
Thanks to Covid-19, we are in a rapidly changing environment. Lockdown commenced on the 26th of March. It is quite possibly a two-month lock down, but that is conjecture. We are in the “initial 4-week period”. The Government is putting things in place to help..Read Article
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..Read Article
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. Readers..Read Article
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. Headlines Capital Gains Tax..Read Article
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..Read Article
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..Read Article
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..Read Article
Property School has well thought out curriculum and content. I enjoyed the plain speaking of the presenters and finished the course feeling very motivated. - Peter, April 2018
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.