Law News and Articles
The Law Lowdown – WINTER 2024
Catch up on all the news and information in this edition of The Law Lowdown Inside this issue: Download your copy here
Practical steps to avoid financial difficulties after the death of a partner or spouse
The death of a partner or spouse is an emotionally challenging time, often compounded by the practical difficulties of managing finances and paying for expenses. Understanding how joint accounts work and the requirements of obtaining probate can help streamline financial matters during such times. In running a busy Estates practice,
Understanding the brightline tax test
The Brightline tax test is a crucial part of New Zealand’s property taxation framework, designed to curb property speculation and ensure that profits from quick property sales are taxed appropriately. Introduced in October 2015, the test has undergone several changes, reflecting the governments’ ongoing efforts to stabilize the housing market
Buying a business in New Zealand: key considerations
Buying a business in New Zealand can be both exciting and stressful. It marks the start of a new adventure, but usually involves some uncertainty and risk. START A NEW BUSINESS INSTEAD? An existing business should offer an established customer base and cashflow. However, you also inherit existing challenges and
A Man’s Home is his Castle…
Or so the saying goes. True perhaps, but one of the problems with modern day castles is they may not have secure parapets and their locations can be known to all. Through the introduction and initial reading of the Companies (Address Information) Amendment Bill, Parliament is looking at allowing company
Upcoming changes to Property Tax and Tenancy laws
Alongside the changes to employment law, the National-ACT-NZ First coalition is bringing in major changes to the property sector. Among the most significant and those likely to affect many of our clients are: TENANCY AND RENTAL MARKET ADJUSTMENTS DEDUCTIBILITY OF MORTGAGE INTEREST FOR LANDLORDS From 1 April 2024, landlords may