1st December 2019 was the commencement date for our Government’s latest tinkering to the GST legislation – which has commonly been referred to as the ‘Amazon Tax’. Given this nickname due to the New Zealand consumers’ prolific love of internet shopping and the ease at which goods can be acquired nowadays from non-resident suppliers, the […]

A number of you will no doubt remember, the release of the Panama papers in early 2016, which suggested that NZ might be considered a tax haven, due to its taxation rules with respect to foreign trusts. Naturally the resulting public outcry saw the appointment of an independent reviewer by the Government, whose task it […]

As soon as the Tax Working Group released their interim report in September 2018, potentially recommending the introduction of a capital gains tax, human nature dictated that there would be those amongst us that would panic, and commence down a path of looking to dispose of any asset, particularly land, that could be exposed to […]

Two almost identical scenarios in the past few weeks, were a stark reminder to me, of the importance of stressing to others to seek good advice prior to commencing any project, so you are at least fully informed with respect to all of the potential taxation implications that may arise as a result of completing […]

Recorded conversation took place on Wednesday 5th December 2018. Like most taxing jurisdictions around the globe, NZ has a consumption based sales tax, known as GST (VAT equivalent in other countries), which has been in existence since 1986. Up until recently, usually only supplies of goods or services made in NZ, had the potential to […]

If you are a supplier of either goods or services to NZ based non-business consumers, then this article may be of interest to you. Like most taxing jurisdictions around the globe, NZ has a consumption based sales tax, known as GST (VAT equivalent in other countries), which has been in existence since 1986. Up until […]

Packing up and moving to another country, will often involve multiple decisions needing to be made, some of which can have material consequences for you if you make the wrong choice. The process is often made harder, by the numerous emotions that will usually accompany the shift – leaving family and friends, new cultures and […]

Presently, if you own a residential investment property, and it costs you more to operate for a particular income year, than the rental income you receive from your tenants, you make a rental loss which can then be offset against any other income you earn, thereby reducing the overall amount of tax you need to […]

For many years, the New Zealand property market has been an attractive investment opportunity for foreign buyers, predominantly due to the fact that NZ does not have a capital gains tax regime. Consequently, a residential rental property, could be acquired by the non-resident, rented for a number of years, and sold for a gain upon […]

Richard has had over 25 years’ experience with NZ taxation, and particularly enjoys dealing with land tax issues and the GST regime. He deals with clients of all types and sizes and provides tax opinions on the appropriate treatment of items of income and expenditure, assists clients with IRD risk reviews and audits and can […]