Overview
Capital gains tax: what you need to know
Capital gains tax (CGT) remains a significant topic in New Zealand’s tax policy debate. Even without a comprehensive CGT, many capital gains are already taxed under existing rules. Our team has extensive experience navigating the complexities of CGT, including advising on asset sales, structuring transactions, and responding to Inland Revenue queries.
Labour's recent policy proposal has brought CGT on land back into focus. The proposal would see a flat tax on gains from the sale of certain assets, such as commercial and residential property (excluding the family home), but are not yet law.
Expert guidance in a changing environment
Our team is closely monitoring CGT developments and can:
- Advise on the current tax treatment of capital gains for your assets and investments
- Help you assess potential impacts of proposed CGT changes on your business or personal affairs
- Support you in planning and structuring transactions in light of possible future reforms
- Keep you informed with timely updates and insights as the policy debate evolves.
Experience
Our team
Tony Wilkinson
Partner, Auckland
Tony has a highly regarded practice acting for public and private sector clients. He is the lead tax advisor for Buddle Findlay’s most…