Property Conveyancing Services Blog

If you are a regular Property Trader or Investor in New Zealand you will more than likely be subject to paying tax on the profit from resale. The Inland Revenue Department will look at your intention. If you have bought and sold properties at regular intervals, they may look at statements made to your Bank Manager, Accountant, Financial Advisor, Conveyancing Practitioner, Real Estate Agent or any other Professional in relation to the transactions you have conducted. So ensure you are getting the correct information from your Advisors. For more information available free do check out the Inland Revenue Department website. Happy investing Kim