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Main Home Exemption and Residential Exclusion - understanding IRD's stance on frequent disposals of family homesSelling your home is often one of the most significant financial transactions an individual undertakes. Fortunately, New Zealand tax law provides valuable exemptions which can shield profits from tax – primarily..

Everyone likes more money in their back pocket, and we’re about to get a few extra dollars to try and counteract the effect of inflation. The coalition government recently announced in their budget that there would be a shift in the tax rate thresholds for individuals..

No matter what type of business you run (retail, hospitality, commercial rental, professional services, or product manufacturing), it is important to manage your cashflow. Many businessowners focus on the profit made for the last financial year and use this as an indicator of whether or not..

While most of the attention recently around mortgage rule changes has concentrated on the implementation of the debt-to-income (DTI) rules, it is worth noting that on the same day this change came in (1 July 2024), the Reserve Bank also slightly relaxed the loan-to-value restrictions..

As property tax and structuring specialists, one of the most common questions we encounter at GRA is whether to set up a look-through company (LTC) to hold investment property. The answer, more often than not, has shifted over the years to no. LTCs, once considered a..

Imagine this: A few years ago, after careful saving and financial planning, you managed to buy an investment property. Your goal from the outset is to hold the property long term. You do some work to add value, and intend keeping it for many years..

Are you interested in investing in property but find yourself locked out due to the high buy-in costs or the recent debt-to-income (DTI) restrictions?  Joint ownership of property may be a path worth exploring to get in the game and ensure you don’t miss out..

Anyone who provides lodging or ride-sharing services through an online marketplace in New Zealand, such as Airbnb or Uber, will be affected by new Goods and Services Tax (GST) changes, which came into force on April 1, 2024. What is the new legislation?Prior to 1 April..

Professional trustees are involved in all sorts of transactions for their clients. One of these is signing the settlement documents when a trust is buying or selling a property. The sale and purchase agreement for such a transaction will detail the settlement date, i.e. the date..