New Zealand – TaxBridge

Automatic Exchange of Information – The Tax World is shrinking!

Posted on November 15, 2019March 22, 2021 by Mike Williams in Automatic Exchange of Information, Common Reporting Standard, foreign currency, Income tax, New Zealand, New Zealand Inland Revenue, Rental property, Tax Residence, Tax Returns, Taxation, Transitional Residents, Uncategorized, voluntary disclosure

More countries are now automatically sharing information about taxpayers

Overseas property – more than just rent

Posted on September 28, 2019March 22, 2021 by Mike Williams in Approved Issuer Levy, Financial Arrangements, foreign currency, Income tax, New Zealand, New Zealand Inland Revenue, Rental property, Tax Returns, Taxation, Transitional Residents

The often overlooked taxation implications of owning rental properties overseas

Proposed changes for residential rental properties

Posted on February 8, 2019March 22, 2021 by Mike Williams in Income tax, Losses, New Zealand, Rental property, Tax incentives, Tax losses, Tax Returns, Taxation

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.