News

New Zealand has passed a law called the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the AML/CFT law” for short). The purpose of the law reflects New Zealand’s commitment to the international initiative to counter the impact that criminal activity has on people and economies within the global […] Read More›

We are seeing increasing examples of the incorrect treatment of GST between vendor and purchaser in respect to commercial property transactions. This is particularly so where the property is a residential investment being sold and purchased between two parties who are both GST registered. Due to incorrect advice received at […] Read More›

You should be aware that from now on your lawyer will be requiring you to provide significantly more information to establish your identity and the source of funds for any transactions involving lawyers.  The new laws are a very significant departure from previous obligations and in summary you will need […] Read More›

Are you a property investor and do you regularly buy and sell properties for profit?  If the answer to this question is yes, then you should read on. Under the previous National lead government income tax was required to be paid on any gains from residential property sold within two […] Read More›

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