Someone is offering short-term holiday rental via booking.com (e.g. 4 days at a time). They are not NZ tax residents. (US ones) They will be under $60 k turnover. This will only be for a few months a year. Can they register for GST and do they have to? Is this like the inbound tour operators situation?
Read MoreI have a client who bought a residential property on 20.01.2017 This was their holiday home. They bought it under their Family Trust. They want to transfer this property to their Limited Company and rent it out.What would be the tax implications ?
Read MoreA client has a rental property. There are two houses on the land, offering a home and income situation. He has rented for 4 years. He now plans to split the property into two titles, and sell the house. I assume he is not liable for income tax for changing the title and sell as it was an rental investment property?
Read MoreI have a client who has a property in Queenstown, which is rented out during the year on a short-term basis, via Airbnb. Is there any requirement for them to be GST registered? I assume it's considered residential property, so no need for GST registration. Am I correct?
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