News

This page contains topical legal news items. For more information on legal items of interest, see the Legal Information section of this website.


Tax on House Sales

....If you sell a house within 2 years of purchase then you will be liable for Income Tax on the profit on the sale. This is known as the Bright Line test introduced by the ...
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Tax on House Sales
 

Rest Home Fees

....Your Trust may not protect your house from being sold to pay for residential care fees if you go into rest home care. WINZ has tightened the rules. The same applies to gifts ...
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Rest Home Fees
 

Trust Law has changed

....and continues to do so. This arises from Court decisions (in particular instigated by IRD for tax, relationship partners following separation, and creditors of failed ...
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Trust Law has changed
 

Company Tax

.... Does my company need to pay me a market salary? IRD has taken a position since the cases of IRD against Penney & Hooper and may challenge income from personal exertion ...
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Company Tax
 

Gift Duty

...Gift Duty has been abolished. However, depending on your circumstances, a Gift may not be effective against creditors, relationship partners or WINZ. Contact us first to ...
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Gift Duty
 

LAWYERS SELLING REAL ESTATE

.....Lawyers are authorised to sell Real Estate under the Real Estate Agents Act. We have been selling houses for our clients since 2011. We use a contracted salesperson and an ...
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LAWYERS SELLING REAL ESTATE