Articles Bright-line test affects rural properties too New rules, known as the “bright-line test”, were introduced in October 2015 to allow Inland Revenue to easily tax property investors that frequently buy and sell residential property for a profit. These new rules apply to residential property that is purchased after 1 October 2015 and sold within […]
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Articles Changes with renting a farm house The farm rental needs to reflect market rates or employers could be faced with fringe benefit tax issues… read more
Changes with renting a farm house Read More »
Articles LTC – Fishhooks In an attempt to reduce the tax benefits of LAQCs the Government introduced Look-through Company (LTC) legislation to apply from 1 April 2011. As time as passed ‘fish hooks’ have surfaced…read the consequences of these…
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