Residential Land Withholding Tax - Does it apply to You?

Published by KJ Law on Monday, 05 Sep 2016

Did you know:

1.Every transfer being registered in New Zealand MUST record the NZ IRD number of the seller and the Buyer. Do you have a NZ IRD number?; and

2.From 1 July 2016 every overseas seller must now comply with the new RLWT (Residential Land Withholding Tax) requirements see ;RLWT;Tax form below.

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"Hello everyone. A big thank you from Rosemary and I for all your work with the sale of our sections. there is much cause for celebration in our house! Kathryn – I am always going to have that embarrassing feeling when I remember my first panicked call to you over the property. Ha ha !! But it all worked out. Thanks again everyone...”
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