Tag Archives: Capital gains tax

Talking about negative gearing

I have an article in the New Zealand Herald, about negative gearing.  I think it’s something our government should be working on, urgently. It’s time to start talking about negative gearing Negative gearing is the practice of investing in property, … Continue reading

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I hope IRD is looking at this

Reported in the New Zealand Herald this morning, a house which has changed hands changed hands four times in three months, and made money every time. Sold four times in three months – price jumps $84,000 We don’t know how … Continue reading

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Preliminary thoughts on the government’s new tax

The National Party has announced a new tax on the sale of properties. It will apply to all residential rental properties bought after 1 October 2015. If you buy a residential rental property on or after 1 October, and then … Continue reading

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About that CGT

I’ve been tweeting about Labour’s proposed CGT. Nats are scaremongering on Capital Gains Tax. Making up a bogie, pointing at it histrionically, and trying to alarm people. Standard way to form tax law is to work out broad outlines of … Continue reading

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Avoiding capital gains tax

Bill English has pointed out that we already have taxes on various capital gains in New Zealand. If you’re in the business of buying and selling houses, or farms, or any other large items that are usually regarded as “capital”, … Continue reading

Posted in Economics, NZ Politics, Taxation | Tagged , , | 3 Comments