Tax Time

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,...
Property Tax Rules – Bright-Line Test

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...
Unexpected Visitors – The Taxmen Cometh

Unexpected Visitors – The Taxmen Cometh

At Queen City Law we focus on understanding our clients and the legal issues they face, then work with the client to develop a strategic plan for the best possible outcome. When you are dealing with the tax department this can yield good returns as the IRD in New...
Unexpected Visitors – The Taxmen Cometh

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...