To our valued clients, We will be following the Government’s guidelines as New Zealand moves to the traffic light system on December 3rd....

Exemptions to Interest Limitation Development Exemption: The development exemption is intended to cover land being developed for the...

Proposed Interest Limitation Owners of residential investment property can deduct the interest on loans that relate to the income of...

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