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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. While the report at 194 pages covers a wide range of..
Read ArticlePart of the Auckland Unitary plan addresses Auckland's housing affordability and supply. You'd need to have been living under a rock or in the far reaches of Siberia not to have heard that Auckland has a desperate shortage of affordable housing, as well as a..
Read ArticleIt is a requirement in New Zealand for parties to provide their IRD numbers when buying or selling real estate (whether as an individual or through another entity such as a company or trust). Normally this does not pose any sort of problem. However, there..
Read ArticleIn January, GRA’s Professional Trustee team wrote a blog on the new requirements trusts must meet when filing their tax returns. In this article, I go into a little more detail about the financial information that must be disclosed to the IRD.But first, why have..
Read ArticleThe tax report seems to reveal a concern/realisation by the group that any tax change causing a significant drop in values in property, will be politically unacceptable. This was a view that I formed and I generally disregarded this option as too radical when I..
Read ArticleChoosing the right real estate agent can make a big difference to your selling experience, and to your bottom line. A knowledgeable real estate agent can make you a lot of money. On the other hand, if you don't have a good agent, you can..
Read ArticleThe voidable preference regime is a complex area and is undoubtedly one of the most controversial aspects of the statutory powers provided to liquidators. It must be remembered that insolvency law, particularly in relation to voidable charges or transactions, is constantly evolving as creditors..
Read ArticleThere always seem to be people with a complete lack of integrity trying to scam the rest of us out of our hard-earned money or steal our private information (like passwords). Below is a copy of the latest scam I received. The email appears to be..
Read ArticleWarning To Solicitors, Accountants and Trustees/Trust Advisors... BEWARE THE APPOINTOR IN NEW ASSOCIATED PERSONS RULES (11 August 2009) While the Finance and Expenditure Select Committee managed to weed out much of the over-reach of the new associated persons definition, there still appears to be a..
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