Paying Tax on Residential Land Sales and the Importance of Careful Counting Most New Zealanders are aware if they acquire and dispose of land within a certain period of time, tax may be payable to Inland Revenue.  The tax, commonly referred to as ‘Brightline Tax’ was introduced via the Brightline rules by the National Government in October 2015 as an attempt to ensure property speculators…

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Property Investors Good News It’s no secret – Labour was not fan of those involved in property.  Extension of the Brightline period, loss of interest tax deductibility and changes to tenancy laws were favoured policies of the Red Team that negatively affected property investors and tenants alike.  That story is changing now we are led by a National Government. Indeed, National campaigned on several property policies…

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