A Bill currently before Parliament aims to restrict the ability for landlords to offset rental losses arising from residential property against their other income sources, effectively further eroding the tax incentives associated with residential rental property.
The existence of cryptocurrency is now an established concept and it is increasingly posing questions in the New Zealand taxation space.
Here are some of the more regularly asked tax questions around and a few myths debunked
If you are an American citizen or Green Card holder living in New Zealand you should be aware that you need to continue filing your US tax returns each year, regardless of how long you have been away from the US.
Another tax year has drawn to a close and some people are perhaps already starting to turn their attention to collecting together the information needed to be able to complete their personal tax return. However, the tax filing obligation for the year ended 31 March 2018 is also likely to draw in a number of … Continue reading The Taxman cometh…to check on you