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The Business Advisory Blog

Welcome to our blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.  Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

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Tax Rules Changes for NZ Residential Investment Property

Posted by Vanessa Williams on April 13th, 2022.      0 comments

house hands-626Legislation has recently been enacted in New Zealand pertaining to changes in interest deductibility and Brightline Rules for residential investment properties. The changes are also retrospective.

NZ Real Estate Trends

Posted by Angela Larkin on August 23rd, 2021.      0 comments

house hands-626A special presentation prepared by Angela Larkin, Senior Accountant at Alliott NZ, based on real-life experience from buying off the plan. We recommend Angela's information to any clients for whom this may be valuable.



NZ Brightline rules and interest deductibility

Posted by Vanessa Williams on March 24th, 2021.      0 comments

house hands-626In an effort to control rising house prices, the NZ government has implemented tax changes in regard to residential investment properties.


Special Tax Alert - Coronavirus COVID19

Posted by Vanessa Williams on March 17th, 2020.      0 comments

Graphic for a website page- CoronavirusThe New Zealand Government has announced a $12.1billion business continuity package aimed at assisting businesses through the COVID-19 situation. The largest element of the package is the delivery of $5.1billion in wage subsidies to businesses and the delivery of support for workers needing to self-isolate, delivered through the Ministry of Social Development.

GST Short Accommodation - Air BNB and Other

Posted by Vanessa Williams on March 11th, 2020.      0 comments

GST-274Reminder that if you rent out your home or other property for short term accommodation you may need to register for GST.

Residential property changes

Posted by Greg Millar on December 2nd, 2019.      0 comments

key handover-357From the 2019-20 income year onward, new rules apply to deductions claimed for residential properties.

Help for NZ financially distressed farmers

Posted by Greg Millar on June 21st, 2019.      0 comments

hand-352-636Agriculture Minister Damien O’Connor announced a new debt mediation scheme that will help farmers in financial distress deal with their lenders.

NZ Bright-line Test extension

Posted by Vanessa Williams on April 16th, 2018.      0 comments

light bulb-66-166From 29 March 2018 the bright-line test for residential property has been extended from 2 years to 5 years.

Tax treatment for leaky building remediation

Posted by Greg Millar on November 13th, 2017.      0 comments

tap-221NZ IRD highlight the steps to work out the type of repair and maintenance costs of the leaky building (as a rental property) and whether you can claim them as a deduction. 

NZ Residential Land Withholding Tax

Posted by Greg Millar on August 5th, 2016.      0 comments

loan-730We take a look at the IRD documentation requirements and how the rules may apply in unexpected situations as a result of the definition of “offshore RLWT” person".


Bright line test

Posted by Anthony McIlroy on October 21st, 2015.      0 comments

light bulb-66-166There have been numerous webinars and newsletters about the new rules for taxing residential property sold within two years of acquisition, but there are some particular things to note. We sort the wheat from the chaff.

Auckland housing market sales hit 15-year high

Posted by Anthony McIlroy on October 6th, 2015.      0 comments

sold-752Auckland house sales jumped to an August record as a flood of new listings hit the market while average prices fell in the month, according to Barfoot & Thompson.

August can be a slow month for sales, but this year it was the third busiest sales month for 16 months. Prices will most likely increase modestly in coming months from where they are at present.



50-year high for New Zealand construction boom

Posted by Anthony McIlroy on September 21st, 2015.      0 comments

build-472Statistics New Zealand reported more than $4 billion worth of activity was put in place in the three-month period - the most since records began.

Whilst it’s exciting times for construction and the trades servicing the sector, have you thought about how to future proof your business and take advantage of the upswing?


New rules relating to property from 1 Oct 2015

Posted by Greg Millar on September 4th, 2015.      0 comments

house hands-626The main feature of this Bill is the proposed new objective bright-line test for land sales which will impose income tax on any gains from residential property acquired and disposed of within two years.  An exception is provided where the disposal is of a person’s “main home” as defined.  The bill essentially follows the proposal in the issues paper with some refinement based on submissions.

Investing your money

Posted by David Burt - Investment Specialist on June 12th, 2015.      0 comments

interest rates-469-101Finally the NZ Reserve Bank is lowering interest rates, just as it seems the US is about to start raising rates.  How does this affect a Kiwi investor?

Property tax hits speculators

Posted by Greg Millar on May 18th, 2015.      0 comments

loan-730In case you haven’t heard this is a summary of the government’s announcement on the crackdown of property speculators. We look at some frequently asked questions and the rules for residents vs non-residents.


Investing your money: Surf where the waves are big?

Posted by David Burt - Investment Specialist on July 8th, 2014.      0 comments

Clients often ask me where in the world they should invest and the saying “Surf where the waves are big” sometimes springs to mind. If you want a big reward, you need to be where the action is.

So where is the investment action right now?  Where should you start to look?