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Daily Archives: May 29, 2023

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May292023
family home queenstown

Bright-line test: could you be liable for tax on your family home?

News, Property, TaxMay 29, 2023

New Zealand doesn’t have capital gains tax, but if you’ve owned your home less than five years and you bought…

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May292023
family members

Budget 2023: Tax rate for trusts to increase to 39%

News, Property, Tax, TrustsMay 29, 2023

Included in this year’s budget announcements was a change to the tax rate for trusts, moving from 33% to 39%…

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