The Law Lowdown – Winter 2023

Catch up on all the news and information in our first copy of The Law Lowdown

Inside this issue:

  • Incorporated Societies Act changes in the air – do you need to do anything?
  • Know your obligations before signing up to a conditional house purchase
  • Change to Trustee Tax rate – is a Trust still useful?
  • Fencing – Get it right

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Buying a business in New Zealand: key considerations

Buying a business in New Zealand can be both exciting and stressful. It marks the start of a new adventure, but usually involves some uncertainty and risk. START A NEW BUSINESS INSTEAD? An existing business should offer an established customer base and cashflow. However, you also inherit existing challenges and may need to make changes

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Understanding the brightline tax test

The Brightline tax test is a crucial part of New Zealand’s property taxation framework, designed to curb property speculation and ensure that profits from quick property sales are taxed appropriately. Introduced in October 2015, the test has undergone several changes, reflecting the governments’ ongoing efforts to stabilize the housing market and address affordability issues. The

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Merry Christmas

We shut on the 20th of December and re-open again on the 13th of January 2025

Compliments of the season to you also and we hope you enjoy a relaxing break.