Tag Archives | Capital Gains Tax

$80K Profit From WGN Home Reno

Property Traders pay Tax on the gains made from their property deals. Yes you heard right. So there is a CGT of sorts – on property deals in NZ it’s just not officially known as CGT. Like any other business where a profit has been made tax is due! Why do some politicians shy away from this fact?

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Tax Grab From Property Investors

The NZ Government collect half a billion dollars off rental properties in the year ending March 2013.

The Tax Working Group (TWG) suggested back in 2009 that rental property investors have a tax advantage and don’t pay tax. The lack of data collected supported their claim.

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CGT Would It Stop You Investing?

It’s Election year and Capital Gains Tax is the hot issue. CGT was supposed to be the hot issue of the 2011 Election, maybe this time it will be.

NZCIA say it’s design is really important for our economy.

Should we believe what Politicans say – it will correct in the property market? There are a lot of questions and also a lot of miscommunication.

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