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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..

You are likely aware of the bright-line tax rule. Initially brought in as a two-year rule, the Labour Government extended bright-line to five years, effective from 29 March 2018. On the face of it, the regime is relatively simple in that you either sell a..

This is the time of year all businesses should be preparing budgets and cash flow forecasts.  The preparation of these is essential - the reason being that unless you know your anticipated income and associated expenditure, along with the peaks and troughs of your flow..

Often business owners need to approach the bank for money, for example to put into their business. This is a perfectly normal part of running a business. However, there is something that many business owners are unaware of, which could jeopardise their relationship with the..

“Trust busting” is the term often used to describe instances where a court finds in favour of a claimant trying to access trust assets. Here, though, I do not want to talk about “trust busting”. Instead I want to bust some trust myths. There has..

With a cooler Auckland property market, what should buyers and sellers be doing to maximise their chances of success? Sellers obviously want to get the highest price possible, while buyers (especially investors who are focused on the numbers) want the opposite. Funnily enough, auctions can..

Most people are aware that from 1 October 2015, residential property (with some exceptions) that is bought and sold within a two-year period will attract tax payable on capital gains made.  This rule will apply to equally to individuals, companies and trusts.  If a property..

One common theme that seems to be on the 'up' this year, is two or more investors coming together to buy property through small private partnerships, LTCs or joint ventures.  Common examples include: Family members buying an asset from the deceased estate of a relative Family members..

I was recently asked whether there was an upper limit to the ratio between property price and household income, which in Auckland currently sits at about 10 to 1. In other words, the average property price is worth 10 times the average annual income.  Also..