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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..

As part of the increase in the top individual tax rate to 39%, the government has brought in the requirement to provide Inland Revenue more information in your trust tax returns. This applies from the 2022 tax year onwards. They have done this to ensure..

Albert Einstein said "If I had an hour to find a solution, I'd spend 55 minutes thinking about the problem and 5 minutes thinking about solutions."  It's a pity those that suggest the introduction of a capital gains tax as a solution to remedying the..

Many clients have been asking me if I think this is a better time to be investing in property in New Zealand. I think the answer is yes, but you need to be careful.The Good News: Immigration is on the rise - annualising at close..

If you're a New Zealand resident looking to invest in residential property, now may be the perfect time to do so. Several key factors are converging to create a favourable environment for property investment, including dropping inflation rates, mortgage interest rates looking to have peaked,..

Only a few weeks ago I presented on stage with Tony Alexander (BNZ Chief Economist) about the forecast for the New Zealand economy in 2014.  (See my full presentation here).  The word on the ground is that 2014 is going to be an epic year,..