Do I have to pay tax under the bright line test in NZ?⎥Ep. 92

01/08/2024 9 min Episodio 92

Listen "Do I have to pay tax under the bright line test in NZ?⎥Ep. 92"

Episode Synopsis

In this episode, you’ll learn what the bright line test is, who it applies to, and what the recent changes are.
As of July 1, the bright-line test is 2 years. This means, if you buy a residential property and then sell it within 2 years of owning it, you may have to pay tax.
And click ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to see all the charts and other info in the written article on the Opes website.