Special Edition Webinar: Short Term Rentals - GST & Income Tax
Join Polson Higgs Tax Partner Michael Turner as he covers the income tax & GST issues with short term rentals.
Description
Short‑term rentals remain one of the most popular ways for New Zealanders to generate additional income — but the tax rules governing these activities are becoming increasingly complex. Join Michael Turner as he steps through the rules & practical considerations that need to be applied.
Topics covered in this webinar include:
GST implications of short term rentals
- Do you need to register for GST?
- What occurs if you are not registered but the platform (eg Airbnb) is
- What if rentals exceed the GST threshold
- GST implications of sale
Income Tax
- Tax rules for rental
- How do we treat GST
- Loss ringfencing
- What if there is private use
CPD Hours and Recordings
1 CPD hour
A copy of the recording will be sent out approximately three hours after the live event.
Presenters
Michael Turner
Partner, Polson Higgs
Michael is a Tax Partner at Polson Higgs and has presented extensively on tax matters over the last 25 years. He is currently a member of the Institute's National Tax Advisory Group and has previously been a lecturer at the University of Otago in Taxation. He advises a large number of small businesses, Chartered Accountants and Lawyers on tax issues with a focus on providing practical advice on complex issues.