Need NZ Legal Assistance?

It is 12:27 am on Tue in NZ and our office is currently closed. We are open from 8:00am to 5:30pm (Mon-Fri). Email us by filling in our enquiry form... Send an Email Enquiry →

Answer

Generally capital gains in NZ are tax-free, however there are exceptions and we strongly advise our clients to seek expert tax advice before they consider selling their property.

There are also other taxes which may be applicable such as depreciation recovered which reinforces the need for comprehensive taxation advice to be obtained.

Have a question? Get in touch.

Related Commercial Property FAQs

← View all FAQs

Recent Reviews...

“Joy, we cannot thank you enough for your help with our purchase! You have been wonderful to deal with and so proactive (and patient with my numerous emails). We will be visiting NZ in April so will make sure we drop in to thank you in person.” ~ Mia
“To Michael Robinson – I wanted to thank you and your colleagues for many years of excellent service to the Bank. You have an outstanding business that has proved to be one of the most reliable and ethical businesses that Collections have dealt with in the almost 9 years I have been with BNZ.” ~ A Tooker, Head of Collections, BNZ
“John is very easy to talk to, he never makes you feel dumb, and never makes you feel like you are wasting his time for asking questions. He explains everything very clearly, every time. John's support staff are also very efficient and so easy to deal with. No detail is missed when dealing with them. My husband and I are fans of them all :)” ~ Jess
“I can't speak highly enough of Jenny. She got everything done in a timely manner and when my ex-husband threw a spanner in the works at the eleventh hour she got the required documentation to his lawyers and settlement back on track.” ~ Tracey