No Capital Gains Tax

May 1, 2019

Three weeks ago, people were hesitating to make property investment decisions pending the government’s announcement on a Capital Gains Tax. I think most of us were expecting a CGT, at least on residential property – but there was nothing. Political genius, opportunism, planned? Call it what you want – Capital Gains Tax is essentially off…

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Who Is Afraid Of A Capital Gains Tax

March 20, 2019

For years people have asked me, as a financial advisor and co-director of Erskine + Owen, if I thought a capital gains tax would come in at any point. I’ve always said it’s possible, but it would have zero to minimal impact on house prices, certainly in the medium to long term. And here we…

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What is Thin Capitalisation and does it affect me?

May 28, 2014

For both companies and private investors, debt is commonly used as a tool for tax management when operating in more than one tax jurisdiction.     In the case of New Zealand, the Thin Capitalisation rule was introduced in 1996 as a part of the Income Tax Act, with the purpose of limiting the scope…

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I am not living in New Zealand – But am I a New Zealand tax resident?

April 10, 2014

For New Zealand citizens living abroad, it can be at times confusing as to whether you are still a New Zealand tax resident even though you are based overseas. This article background information on New Zealand tax residency. How is tax residency determined in New Zealand? In New Zealand, you are a tax resident if…

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Tax Treatment of NZ Investment Property for Singapore Tax Residents

April 7, 2014

Taxation has always been a complex area to navigate. However, when it comes to investing in properties overseas, a thorough understanding of your local tax obligations is important to help you structure your investments to allow you to utilise your losses and minimise tax obligations. What is tax residency? For taxation purposes, there will typically…

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Tax Treatment of NZ Investment Property for Australian Tax Residents

April 7, 2014

Taxation has always been a complex area to navigate. However, when it comes to investing in properties overseas, a thorough understanding of your local tax obligations is important to help you structure your investments to allow you to utilise your losses and minimise tax obligations. What is tax residency? For taxation purposes, there will typically…

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Tax Treatment of NZ Investment Property for UK Tax Residents

April 3, 2014

Taxation has always been a complex area to navigate. However, when it comes to investing in properties overseas, a thorough understanding of your local tax obligations is important to help you structure your investments to allow you to utilise your losses and minimise tax obligations. What is tax residency? For taxation purposes, there will typically…

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Negative Gearing Explained

October 18, 2010

In Short It goes like this – say your rental income off a property for a year was $40k, and the expenses such as interest and rates and repairs and maintenance were $60k. That would mean there would be a $20k loss on the property. We’ll also assume you earn $150k before tax each year.…

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