tax – TaxBridge

Overseas property – more than just rent

Posted on September 28, 2019September 28, 2019 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, 2019February 8, 2019 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.

New Zealand taxation of cryptocurrency

Posted on September 21, 2018September 21, 2018 by Mike Williams in cryptocurrency, FBT, Income tax, New Zealand, New Zealand Inland Revenue, PAYE, Taxation

The existence of cryptocurrency is now an established concept and it is increasingly posing questions in the New Zealand taxation space.

Changes for American citizens – an amnesty ends

Posted on June 12, 2018June 12, 2018 by Mike Williams in Income tax, Tax Residence, Tax Returns, US taxation

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.

New Zealand Tax, An Overview

Posted on March 28, 2018August 31, 2018 by Mike Williams in Foreign Investment Fund, Income tax, Provisional Tax, Tax rates, Tax Residence, Transitional Residents

The following factsheet is designed to provide a simple overview of the New Zealand tax system as it applies to individuals. particularly those coming to New Zealand for the first time. Tax Facts Tax year end: 31 March Tax filing: 7 July (31 March with tax agent) Tax payment date: 7 February (7 April with … Continue reading New Zealand Tax, An Overview →