Property Tax

Property Tax rules can be tricky to get your head around - and the last thing you need is to get caught out and left with a hefty tax bill.

Ake provides expert, personalised Property Tax advice. Whether it’s your family home, residential or commercial investment, or a rural property or subdividing a property, we can help you choose the most efficient ownership structure, and help plan for and manage your tax obligations & returns.

Helping you understand the Bright-Line Test

If you own a residential property and are thinking of selling, its crucial you understand your obligations under the Bright-Line Tax Rules.

Whether you’ll pay income tax on the profit made from your home increasing in value is depending on several factors - including when the property was first purchased, the length of time you’ve held it and whether it was your main home (and how long for).

Read our blog to find out more on the latest update to the Bright-Line Rule.

Subdividing

Subdividing property has its own particular rules when it comes to taxation and can be quite complex. In most cases it is taxable but there are exemptions in certain circumstances.

How we can help:

We can help you to unlock the potential in what’s likely to be your biggest investment - from advising on property ownership structures, tax planning, filing annual returns and administering your account with the IRD.

Please get in touch to book a no obligation meeting to discuss your needs and plans.