Dear clients, As a result of a new community case of the Delta variant of COVID-19, New Zealand has moved to alert level 4 lockdown. We...

Bright-Line Test If you sell a residential property within a set time-frame after acquiring it, you are required to pay income tax on any...

The Minister of Finance, Hon Grant Robertson, has announced proposed changes for residential property acquired on or after 27 March 2021....

Following the recent outbreak of Covid-19 in the Auckland region, the alert level is changed to Level 3 in Auckland and Level 2 for the...

Anyone impacted by COVID-19 will have 365 days after their terminal tax date to settle 2019 income tax arrangements with TMNZ, subject to...

We recently received a few phone calls and email questioned about emails received from IRD about the tax refund. We think it is a good time

COVID-19 business support from the government: temporary loss carry-back scheme apply to 2020 and 2021

A one-off loan with a term of 5 years if you have been adversely affected by COVID-19.

The impacts of Covid-19 on health and business are evolving fast. Currently, we are prioritising helping our clients who have the...

From the 2019-20 and later income years new ring-fencing rules apply to residential property deductions. All deductions are now...