business

NZ Tax Planning Checklist 2024

With actions you can take now to maximise tax deductions before 31 March, see our useful checklist.

deductions

NZ Trust Tax Rate update

NZ's Finance and Expenditure Committee has recommended changes in relation to Trusts, which we outline.

deductions

Interest deductibility on property investments

New law expected: Deduct 60% of property interest in the year to 31 March 2024.

deductions

Tax treatment of NZ property investors

There will be plenty of changes as the year progresses — we outline some of the key ones to watch now.

budget

NZ Mini Budget Tax Takes

Yesterday, Finance Minister Nicola Willis delivered her “mini budget”. We look at the key tax takes.

assets

Tax for Short Stay Accommodation

The NZ short-stay accommodation market is poised for a resurgence, but there are tax issues that need consideration.

cash flow

Tricky tax questions at Christmas time

Here are some answers to common tax questions at this time of year.

construction

Tax Rules Changes for NZ Residential Investment Property

Legislation has been enacted in New Zealand pertaining to changes in interest deductibility and Brightline Rules for residential investment properties.

deductions

NZ 2022 Year-End Tax Checklist

There are actions you can take now to maximise tax deductions. We’ve provided a useful checklist of tax deductions available for you to consider.

deductions

Real estate sector allowable deductions

Real estate operators claiming private expenses, but not keeping logbooks or other business records to support a deduction, are on the IRD's radar.

assets

Special Tax Alert - Coronavirus COVID19

The New Zealand Government has announced a $12.1billion business continuity package aimed at assisting businesses through the COVID-19 situation. The largest element of the package is the delivery of $5.1billion in wage subsidies to businesses and the delivery of support for workers needing to self-isolate, delivered through the Ministry of Social Development.

deductions

Residential property changes

From the 2019-20 income year onward, new rules apply to deductions claimed for residential properties.