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As the Trustee Services partner at Gilligan Rowe & Associates, I'm often asked by trustees what we think is going to happen in the economy, the property market and with interest rates. We answer questions like this all the time, as helping people make and..

With business sentiment softening and the property market coming off the boil in Auckland, I thought I would join the bandwagon and talk about the doom and gloom that is prevailing in property investment circles.  As a starting point, I would note the downturn is..

While some people are still concerned about the property market and are cautious about investing, it is my opinion that now is a great time to invest in Auckland. Why do I say that? For a number of reasons, which I outline below.  1. Low..

There are a number of issues that New Zealand tax residents must grapple with if they are to invest in Australian rental properties. It’s important to understand what these issues are because they can have a significant impact upon your profitability. Financial Arrangements - foreign..

There are many New Zealanders who have chosen to invest in Australian residential rental property, and this brings with it a number of important considerations.   Ownership structures I have been asked many times what is the best option for this investment, i.e. personally, in..

In this blog I look at the tax implications of a New Zealander investing in property offshore. While there is much coverage of the implications of investing in property in NZ, there is less commentary on offshore investment.  While many of the same rules apply,..

The IRD have introduced new regulations that allow the Commissioner to disclose information about a taxpayer’s tax debts to approved credit reporting agencies if certain preconditions are met. (These new regulations are found in section 85N of the Tax Administration Act.) One of these preconditions..

Recently the IRD were given extra funds under the NZ Budget with a view to spending those funds, sourcing resources, to be applied (in particular) to reviewing land transactions. Extra resources must mean the chances of land transactions being reviewed will increase..  .

In the past day I have had a number of clients ring me in a panic saying that the IRD have texted to tell them that they owed money for unpaid tax and offering a link to enable the payment. I have advised them to..