Auckland Council Valuation – Owners have until December 16 to object to their valuation

Source:  Weekend Herald – November 2011 Auckland Council’s revised property valuations are supposed to represent probable market value. The Weekend Herald put them to the test at a busy auction day. Phil Taylor reports It seems owners held off selling until after the Rugby World Cup. That, and the springtime bump, have Barfoot and Thompson’s [...]

Auckland Capital Values – another Perspective!

Some information received from Rob Ashton of Bayleys (Remuera)  Today the Auckland Council have published, on their website (www.aucklandcity.govt.nz), their new 2011 Capital Values which are valid as from the 1st July 2011.  To get some idea of the current relationship between Market Value and the new 2011 Capital Values I have analyzed 100 recent [...]

Competition hot in first-home property market – but dont forget to get good advice from your lawyer.

Source: NZ Herald – November 2011 A shortage of houses in the first-home buyers’ market over winter has caused a rise in multi-offer agreements, confusing those new to the real estate game. Multi-offer agreements are when more than one written offer is received for a property at one time, turning a sale by negotiation into [...]

Bill introduced to tighten rules around companies

Source: beehive.govt.nz    Simon Power Date of Release.  13 OCTOBER, 2011 A bill that tightens rules around company directors and company registration was introduced to Parliament today by Commerce Minister Simon Power. “New Zealand has an international reputation as one of the best and most trusted places in the world to do business,” Mr Power said. [...]

Family Trusts in Spotlight Warning

Article: businessday.co.Nz Sole practitioners and businesses with family trusts should review their structures to ensure they do not fall foul of Inland Revenue after the landmark Penny and Hooper tax-avoidance ruling. That’s the advice from the New Zealand Institute of Chartered Accountants (NZICA) after meeting with IRD yesterday over the Supreme Court ruling. The Supreme [...]

Trusts face clampdown in Labours Strategy

Source: NZ Herald – Adam Bennett Trusts, Family Trusts and Trust Law. Labour would target hundreds of millions of dollars worth of income rich people shelter in trusts as a key part of its “tax switch” package unveiled this week. The party believes it can raise $300 million a year in additional tax with new [...]

Newspaper article: Accountants expect capital gains tax bonanza

Source: Business Day Tax experts are licking their lips at a boom in possible work to help navigate clients from being the haves to the “have yachts”. Labour’s initial proposal for a capital gains tax came with a promise that a panel of experts would iron out any teething problems, but the accountancy industry wasted [...]

Quay Law Conveyancing Article – The process to purchasing a house. Now on Youtube.

Recent upload onto Youtube regarding Conveyancing / Property Law – The Process to Purchasing a House in New Zealand. This article was written by Ian Mellett of Auckland law firm, Quay law NZ. Please click on link to view YouTube video: LINK For full article please visit our Quay Law Website: LINK

NZ Companies Office on Facebook. Do a companies search on Facebook.

Online Marketing for the New Zealand Companies office.  On the 30th May 2011 the Companies Office launched a new way to search the Companies Office register via Facebook. The New Zealand Companies Office is the first in the world to offer this service via Facebook – now you have a legitimate reason to be on [...]

Family trust funds under siege

By Nick Smith  Jun 17, 2011 – Source NZ Herald  Are family trusts still a safe haven for assets and income? asks Nick Smith. The family trust is under siege as never before. Creditors, lawyers, government agencies and, yes, other family members are storming the trust castle walls in the courts, and pressing the government [...]

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