Articles by Matthew Gilligan
Monday, February 03, 2020
Prior to Christmas, the IRD issued a draft statement confirming some of the traps that exist when renting out property via platforms like Airbnb, Book a Bach, etc. In this month's blog I thought I would set out examples that we have seen over the past few years as use of these peer to peer sites has exploded. 
  ... Read Article
Monday, February 03, 2020

Airbnb GST Traps

Prior to Christmas, the IRD issued a draft statement confirming some of the traps that exist when renting out property via platforms like Airbnb, Book a Bach, etc. In this month's blog I thought I would set out examples that we have seen over the past few years as use of these peer to peer sites has exploded. 
  ... Read Article
Wednesday, December 18, 2019

Here we are again approaching another Christmas, saying didn’t this year go fast. Reminding ourselves to take time out and smell the roses, as we race through our busy lives. For me, that involves game fishing in the far North of New Zealand, and I will soon be on my boat enjoying the incredible far north fishery and environment.   ... Read Article

Wednesday, December 18, 2019

Property Market Prediction for 2020

Here we are again approaching another Christmas, saying didn’t this year go fast. Reminding ourselves to take time out and smell the roses, as we race through our busy lives. For me, that involves game fishing in the far North of New Zealand, and I will soon be on my boat enjoying the incredible far north fishery and environment.   ... Read Article

Monday, November 18, 2019
This month’s article is a continuation of last month’s on associated persons “traps”. Last month I highlighted two traps that can catch the unwary when moving property between associated entities. This month I have another two traps that readers should be aware of. 

  ... Read Article
Monday, November 18, 2019

Associated Persons Traps - Part 2

This month’s article is a continuation of last month’s on associated persons “traps”. Last month I highlighted two traps that can catch the unwary when moving property between associated entities. This month I have another two traps that readers should be aware of. 

  ... Read Article
Monday, October 21, 2019

This blog is Part 1 of 2 on traps that arise when land transactions involve “associated persons”. By way of background, both the Income Tax Act and the Goods and Services Tax Act have definitions of associated persons and special rules that apply to transactions between associates.   ... Read Article

Monday, October 21, 2019

Associated Persons Traps - Part 1

This blog is Part 1 of 2 on traps that arise when land transactions involve “associated persons”. By way of background, both the Income Tax Act and the Goods and Services Tax Act have definitions of associated persons and special rules that apply to transactions between associates.   ... Read Article

Monday, August 12, 2019
In this blog I look at the tax implications of a New Zealander investing in property offshore. While there is much coverage of the implications of investing in property in NZ, there is less commentary on offshore investment. 
  ... Read Article
Monday, August 12, 2019

Investing in property offshore

In this blog I look at the tax implications of a New Zealander investing in property offshore. While there is much coverage of the implications of investing in property in NZ, there is less commentary on offshore investment. 
  ... Read Article
Tuesday, July 09, 2019

If you have a spare bedroom or two at home, you may think about renting it out in order to generate some additional income.  As you might expect, there are potential tax implications if you do so. The tax implications differ depending on the arrangement you have with the occupant. Broadly speaking, there are three different types of occupants as follows:  ... Read Article

Tuesday, July 09, 2019

Renting out the spare bedroom

If you have a spare bedroom or two at home, you may think about renting it out in order to generate some additional income.  As you might expect, there are potential tax implications if you do so. The tax implications differ depending on the arrangement you have with the occupant. Broadly speaking, there are three different types of occupants as follows:  ... Read Article

Friday, June 07, 2019
After several months considering over 250 submissions, the Finance and Expenditure Committee has reported back to Parliament on the loss ring-fencing rules. Reflecting the fact that the original draft was somewhat of a shambles, they have thrown that out and started again from scratch. 
  ... Read Article
Friday, June 07, 2019

Ring-fencing Update

After several months considering over 250 submissions, the Finance and Expenditure Committee has reported back to Parliament on the loss ring-fencing rules. Reflecting the fact that the original draft was somewhat of a shambles, they have thrown that out and started again from scratch. 
  ... Read Article
Tuesday, January 29, 2019
I wrote about loss ring-fencing in my December article, and it is still a hot topic. With the rules to take effect from 1 April 2019, and the legislation still not finalised, there are a number of questions that remain. I address some of these using case studies, which could well apply to you.  
  ... Read Article
Tuesday, January 29, 2019

Loss Ring-fencing Questions

I wrote about loss ring-fencing in my December article, and it is still a hot topic. With the rules to take effect from 1 April 2019, and the legislation still not finalised, there are a number of questions that remain. I address some of these using case studies, which could well apply to you.  
  ... Read Article
Monday, September 24, 2018

The Tax Working Group has released its interim report on its review of the NZ tax system.  The interim report discloses the TWG’s direction as it pushes towards finalising its recommendations in February 2019.    ... Read Article

Monday, September 24, 2018

TWG Recommends Capital Gains Tax (First Report) 2018

The Tax Working Group has released its interim report on its review of the NZ tax system.  The interim report discloses the TWG’s direction as it pushes towards finalising its recommendations in February 2019.    ... Read Article

Monday, September 03, 2018
One of the questions I get asked most frequently is, ‘Am I a property dealer?’ The typical scenario is that a client approaches me after having sold a couple of properties in the past few years and is now about to sell another one. They want to know if these property sales mean that they are 'property dealers'.   ... Read Article
Monday, September 03, 2018

Are you a property dealer?

One of the questions I get asked most frequently is, ‘Am I a property dealer?’ The typical scenario is that a client approaches me after having sold a couple of properties in the past few years and is now about to sell another one. They want to know if these property sales mean that they are 'property dealers'.   ... Read Article

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