RLWT….WTF??

RLWT….WTF??

Thought you were all over the recent tax changes arising from the introduction of the bright line tax (aka capital gains tax)? Then consider this: Debbie is an English citizen but has permanent residence in New Zealand. She has just completed a science degree (IT)....
Update on Residential Land Tax

Update on Residential Land Tax

Where to start? The new data collection requirements and ‘bright line test’ have now been in place for a few months. The new Bright Line Tax applies to all residential property with a house on it in the following instances: • It is acquired after 1 October 2015 and...
Update on Residential Land Tax

Property Tax Rules – Bright-Line Test

Following on from Brett Carpenters blog last week the New Property Tax Rules – post budget 2015, Brett talks this week about the proposed Bright-Line Test. The issues paper describing the proposed Bright-Line Test has been released. To download the PDF version...