Property

New IRD tax book available now

Inland Revenue has recently released a booklet that clearly spells out the circumstances under which tax is payable on property sales.

Tuesday, March 04th 2008

The guide is designed to help people understand whether they should be paying tax when they sell a property and tells people about their responsibilities.

“It will help you decide whether you need to get more information or professional advice,” IRD says.
The guide is primarily aimed at individuals. IRD says builders, developers and dealers should talk to their tax professionals as different rules may apply.

The guide contains a number of case studies as well as telling readers where they can get more information.

You can download the guide by clicking on this link:

http://www.goodreturns.co.nz/pics/ir313.pdf

Other forms are available for landlords in our Toolbox section here.

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SBS FirstHome Combo	6.74
Heartland Bank - Online	6.89
Wairarapa Building Society	6.95
Unity	6.99
TSB Special	6.99
Co-operative Bank - First Home Special	7.04
ICBC	7.05
China Construction Bank	7.09
ASB Bank	7.24
ANZ Special	7.24
BNZ - Classic	7.24

Unity First Home Buyer special	6.45
Heartland Bank - Online	6.55
SBS Bank Special	6.69
TSB Special	6.75
Westpac Special	6.75
China Construction Bank	6.75
ICBC	6.75
AIA - Go Home Loans	6.75
ASB Bank	6.75
Unity	6.79
Co-operative Bank - Owner Occ	6.79

SBS Bank Special	6.19
ASB Bank	6.39
Westpac Special	6.39
AIA - Go Home Loans	6.39
China Construction Bank	6.40
ICBC	6.49
Kiwibank Special	6.55
BNZ - Classic	6.55
Co-operative Bank - Owner Occ	6.55
TSB Special	6.59
SBS Bank	6.79

SBS FirstHome Combo	6.19
AIA - Back My Build	6.19
ANZ Blueprint to Build	7.39
Credit Union Auckland	7.70
ICBC	7.85
Heartland Bank - Online	7.99
Pepper Money Essential	8.29
Co-operative Bank - Owner Occ	8.40
Co-operative Bank - Standard	8.40
First Credit Union Standard	8.50
Kiwibank	8.50