November 7, 2023

The Government announced a proposed increase of the trustee tax rate (from 33% to 39%) in Budget 2023. This change, due to take effect from 1 April 2024, would set the rate at which trustee income is taxed at the same as the top individual tax rate. The intention here is to prevent taxpayers from

An example of the critical importance of purchasers understanding their obligations under conditional sale and purchase agreements is the Strack v Grey case. (Strack v Grey [2019] NZCA 432) WHAT HAPPENED Essentially Grey, an Otago businessman who owned a property in Mosgiel, wanted to buy the Strack’s property in Dunedin. Grey wanted to put in

You can change friends but not neighbours … or so the saying goes. So it’s all the more important to try to maintain friendly – or at least cordial – relations with your neighbours. When it comes to boundary fences, these relationships can come under additional pressure, so it’s important to do things well and

To say the law relating to NZ’s thousands of incorporated societies needed a face lift would be quite an understatement. The relevant Act was passed in 1908! These days incorporated societies can be significant operations, and the old Act neither fits well with modern needs, nor really helps people in day-to-day operations. With all this