We've been around for a while, for over 45 years in fact, and over that time we've worked with hundreds of businesses like yours all around the south. Whether you are just starting out, wanting to grow or looking to sell or pass your business on to the next generation, we can help.
After considering the Tax Working Group’s recommendations and negotiations with coalition partners, the Government has ruled out extending the capital gains tax. Ultimately politics and a lack of consensus between Labour and NZ First terminated the action of extending capital gains taxation.
Jacinda Ardern has confirmed that she will not be campaigning to introduce a
capital gains tax in future elections. Many businesses and rental property
owners have expressed that they are pleased with this outcome.
Instead of a capital gains tax, the Government is looking into other ways to improve fairness in the tax system, including tightening the land speculation rules and land banking. The Government has also announced that it will not introduce any environmental taxes.