YOU OUGHTA KNOW BLOG

The latest ins and outs to keep you ahead of the game

New Zealand Accounting, Bookkeeping & Property Business Consultancy Services | Wellington & Lower Hutt Xero Property Accountants Business coach business consultation business adviser

Business Accountants: Understanding Changes in Residential Property Taxation

Recent years have seen significant adjustments to the tax landscape, particularly concerning residential property. The government has responded to calls from various quarters to address investor demand in this sector. Notably, recent changes have been initiated to reverse tax policies affecting residential property, aligning with promises made by both National and ACT during their election campaigns.

New Zealand Accounting, Bookkeeping & Property Business Consultancy Services | Wellington & Lower Hutt Xero Property Accountants Business coach business consultation business adviser

Business Accountants: GST on Housing: Avoid Surprise Tax Bills

As we approach May 2024, it’s crucial to address potential GST pitfalls when selling property. Over the past decade, there have been instances where property sellers, unaware of GST implications, faced unexpected tax bills, especially those converting residential properties into holiday rentals or using them for business.

Client

Reviews

Andy Garvy
Read More
The team at outside are a dedicated bunch. They go above and beyond in every situation and provide so much more than your standard tax accounting. They have developed process maps, management reports, managed our invoicing, payables and pretty much taken care of every part of our business when we have needed it. They are a big part of our business and will continue to be moving forward.
Matt Holton
Read More
A great team - striking the right balance between professional, knowledgable accountants while being fun and personable to deal with. Always quick to respond. Harri has prepared my end of year statements and GST returns. I'm based in Auckland and have managed to snag a spot at the "co-working desk" in their office a couple of times while I'm down in Wellington.
Sarah Ny
Read More
These guys are not the typical accountants. We engaged with Outside originally for our small business accounting needs, but over the years they have provided invaluable services above and beyond. We have grown as a business and Outside worked alongside us the entire time, supporting us with expert and professional advice throughout our journey. They are an awesome bunch, so easy to get along with, they break everything down into regular speak and no question is too dumb to ask. Their door is always open, everyone is super welcoming and they make a mean coffee.
Joel Bouzaid
Read More
Incredible team, great leadership and everything you need.
Campbell Paton
Read More
Gus and the team at outside accounting are the best in the business. Top notch advice, always willing to go above and beyond and seriously good people to go with it. Would highly recommend!
Congress Rental New Zealand
Read More
Congress Rental have been working with Outside Accounting for over 1 year and I can honestly say it's been perfect. I work closely with Harriet and her friendliness and professionalism makes it a pleasure getting our accounting needs sorted. Not having to worry about if our accounting gets done is pressure off our business. Harriet breaks everything down into regular terms and nothing asked is a dumb question making learning alot quicker and easier. Not your typical place for accounting as it's a great environment, friendly and things get done in a very high quality manner. Very refreshing. Highly recommended. Many thanks to Harriet and the team. Liam. Managing Director Congress Rental New Zealand Ltd
Fraser Kingi
Read More
Awesome motivated Accounting company. Very professional, Very easy to deal with, Very proactive! Thanks Outside Accounting for making that part of our business stress free.
Stephen Rickard
Read More
Cam, Harriet and the team at Outside Accounting go above and beyond to make the accounting side of our business stress free. They genuinely care about our business and our success. We get all questions big and small answered promptly and receive detailed progress reports and recommendations, along with face to face meetings. We highly recommend Outside Accounting.
MX Hockey
Read More
Harri and the team team at Outside are top notch. Happy to go above and beyond to look after us, and provide great advice. Highly recommend.
Lana Gibson
Read More
Outside Accounting are friendly, professional, and are always quick to answer my questions. Great local team.
Tavita Isaac
Read More
Cam (Hamish Carter jr) and the team from Outside Accounting have been a game changer for us and our businesses since joining up with them two years ago. Young, enthusiastic and on the ball 🙌 🙌 🙌
Nick Barrett
Read More
Outside Accounting, and specifically Cam is a pleasure to deal with. Extremely knowledgeable; they go above and beyond. Highly recommend.
Previous
Next