Tag Archives: land tax

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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). Max is a South African citizen and has a work […]

Tax Time

Introduced with effect from 1 October 2015 was the capital gains tax which according to our Prime Minister was not a capital gains tax. However you will be subject to tax in New Zealand if you sold a residential property in New Zealand, within 2 years of acquisition, that was not your “main home” regardless […]

Taxing Land in New Zealand

  New Zealand is a beautiful country and increasingly people from overseas and cities within NZ are retiring to the country. In buying large blocks of rural or city fringe land owners become liable for property taxes. This week Queen City Law tax team specialist Brett Carpenter looks at some aspects of NZ property Law. Queen […]