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Courses/Accounting & Tax/Real Estate Tax

Bright-Line Rules: Navigating the Latest Changes

Understanding Updates and Tax Implications for Property Owners.

Created byTEO Training
BeginnerUpdated Jan 21, 2025
Bright-Line Rules: Navigating the Latest Changes

What You'll Learn

check_circleApply the bright-line test for properties sold before and after 1 July 2024.
check_circleIdentify changes to bright-line rules and their tax implications.
check_circleUnderstand rollover relief and restructuring options.
check_circleAdvise on managing taxation outcomes for property owners.

About This Course

The Bright-line rules have gone through yet another round of remedial changes and adjustments as a result of the recent change in government.

In this course, we will look at the rules as a whole and consider the impact of the recent changes on how the rules can be applied.

There is an opportunity to come to terms with the rules as they now stand, consider the lessons we have learned, and to look at what options you may have in terms of restructuring ownership of residential land and managing taxation outcomes.

Topics included:

Bright-line Test

  • How the bright-line test will apply, including:
    • Properties sold before 1 July 2024.
    • Properties sold after 1 July 2024.
  • How “New builds” will be treated.
  • The application of the main home exemption.
  • Considerations for property owners with a history of buying and selling.

Rollover Relief

  • How these apply, including the impact of recent changes.
  • Practical considerations and options for restructuring.

Suited to:

The course will be suited to all levels of accountants, corporate professionals, public practice – law and accounting, and general business advisors.

Your Instructors

TEO Training
TEO Training
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TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Daniel  Gibbons
Daniel Gibbons

Partner at Findex/Crowe

Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 16 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.

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