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

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

For many families in New Zealand, mortgage pressures can strain finances and relationships. High or rising interest rates, changing economic conditions, and unforeseen personal circumstances can make managing mortgage payments challenging. We have dealings and contact with a number of mortgage advisers (previously known as brokers), and in this article we explore some of the

Or so the saying goes. True perhaps, but one of the problems with modern day castles is they may not have secure parapets and their locations can be known to all. Through the introduction and initial reading of the Companies (Address Information) Amendment Bill, Parliament is looking at allowing company directors to have their residential

Alongside the changes to employment law, the National-ACT-NZ First coalition is bringing in major changes to the property sector. Among the most significant and those likely to affect many of our clients are: TENANCY AND RENTAL MARKET ADJUSTMENTS DEDUCTIBILITY OF MORTGAGE INTEREST FOR LANDLORDS From 1 April 2024, landlords may claim back 80% of the