Are you a trustee of a Trust? The Trusts Act 2019 (Act) received Royal Assent on 30 July 2019 and will replace the Trustee Act 1956 and the Perpetuities Act 1964 effective from 30 January 2021. The changes are significant and if you have a family trust or are a trustee of a family trust, […]
Is Your Annual Tax Refund No More? Late at night at the end of June legislation was finally passed limiting a person’s ability to offset losses from residential property investments against a person’s other income – ring fencing of losses (i.e. non-residential rental income). For a large number of mum and dad residential rental property […]
The Labour Government appointed Tax Working Group (“TWG”), headed up by former Labour Minister of Finance, Hon Sir Michael Cullen, is currently undertaking the fifth major review of the New Zealand tax system in the last 50 years. The TWG has a wide brief, but its key purpose is to provide recommendations to the Government […]
https://dnaca.co.nz/wp-content/uploads/Eagle-Landing.jpg720900wp.admin//dnaca.co.nz/wp-content/uploads/Drumm-Nevatt-and-Associates_logo_colour-300x161.pngwp.admin2018-10-04 15:32:002019-07-19 19:08:16Capital Gains Tax – Has the Eagle Landed?