Giles Ellis

Key Facts and Updates About New Zealand Tax Returns for 2025

As we enter the 2025 tax season, New Zealand businesses face…
Giles Ellis

Upcoming 2024 Tax Changes

Upcoming Changes to New Zealand's 2024 Tax Laws With…
Netflix, featuring a tablet displaying the Netflix logo, a bowl of popcorn, and a pair of earphones, suggesting a casual viewing

What is the ‘Netflix Tax’?

What is the ‘Netflix Tax’ The landscape of taxation…
YEAR END TAX TIPS 2024

Year End Tax Tips 2024

Year End Tax Tips By Sheral Reddy, Associate Director at GECA…
Sheral Reddy

A Comprehensive Guide to Purchasing a Rental Property in a Trust: Maximizing Tax Efficiency

Introduction: Investing in rental properties can be a lucrative…

Changes in tax invoices for 2023: what you need to know

GST (Goods and Service Tax) is a tax charged on most…
Year End Tax Tips 2023

Year End Tax Tips 2023

Year End Tax Tips  By Sheral Reddy, Associate Director at GECA…
A miniature house placed on a calculator, which represents a mortgage calculator.

Property Interest Limitation Rules

Following from our newsletter from April last year, just a reminder to our clients that the interest deductions are being phased out for properties acquired before 27 March 2021 as follows:

Small Business Cashflow Scheme Loan

The small business cashflow scheme was introduced in May 2020 to assist small to medium businesses who have been impacted by the Covid-19 pandemic. On 21 March 2022, the loan amount has been increased to $20,000 from $10,000 plus $1,800 per full-time equivalent employee (up to 50 employees).

TAX CHANGES FOR RESIDENTIAL RENTAL PROPERTIES

On 23rd of March 2021, the government announced various policies which will impact the property owners and investors significantly which was passed on 24 March and received the royal assent on 30 March 2021.