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Inland Revenue/PLS/LENZ Bright-line Property Tax Update

Tuesday, 16 August '22   11am – 12pm NZST
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Details

Inland Revenue/PLS/LENZ lunchtime webinar

Bright-line Property Tax Update

Tuesday 16 August 2022, 11am

Te Tari Take Inland Revenue (IR) is presenting a livestream webinar in association with the New Zealand Law Society | Te Kāhui Ture o Aotearoa’s Property Law Section (PLS) and Legal Executives New Zealand | Rāngai Hāpai Ture o Aotearoa (LENZ).

Join Jayshree Khushal, Technical Specialist and Melissa Siegal Policy Advisor - both members of the IR Property Network, to learn more about the recent property tax law changes. Duncan Terris, PLS representative on IR’s External Reference Group - Housing, will facilitate the webinar, which will allow interactive questions and can support up to 1 hour of CPD.

The session will provide information on the recent changes to the bright-line rule, describe tools and processes IR has put in place to proactively support potential bright-line customers and in particular, will focus on:

*How to avoid the common mistakes / incorrect assumptions currently being made by customers, and tax and legal intermediaries in applying the right-line rule exemptions

*Changes to the main home exclusion; providing some apportionment calculations and examples

*Ownership transfers, including:

-Transfers from parents to their children and implications of the ‘Bank of Mum & Dad’

-Considerations relating to family trusts and bare trusts

Who should attend?

Lawyers and legal executives who are looking to update their knowledge in this challenging area.

Event details

Tuesday, 16 August 2022
11 – 12.00pm + up to 15 minutes Q & A

Registration

Register here by 15 August at 4 PM.

Instructions

Please forward any specific questions to property@lawsociety.org.nz.

Once your booking has been confirmed, you will receive a Zoom meeting link and password to join the webinar. The day before the webinar, we will also send out the Zoom link to all registered attendees.

Tickets

Cost
PLS or LENZ members/associate members
Available until Mon 15 Aug 4pm
NZ$40.00
Non-PLS or non-LENZ members
Available until Mon 15 Aug 4pm
NZ$50.00
Group rate (5 to 12 pax)
Available until Mon 15 Aug 4pm
When booking a group rate, please register all participants at the time of booking to ensure they receive their personalised webinar link and CPD certificate of attendance.
NZ$180.00
Group ticket for 5-12 people