Description

With borders open and tourism on the increase, we are seeing property owners letting their property as short stay accommodation. This includes a change in use of property from long term rental purposes.

Anyone who deals with clients that is looking to buy into the market or to change the use of an existing property to let property (including a room in their own home) on a short stay accommodation basis will benefit from this practical focused course.

This course will look at scenarios that we all see on a regular basis and work through structuring options and considerations. We will also take into account any impact of the 2023 government election and any taxation changes that follow from that.

While working through the various scenarios we will also cover the implications of the recently enacted tax law changes as they apply.

ORIGINAL BROADCAST DATE

23 November 2023

LEARNING OUTCOMES

Upon satisfactory completion of this webinar, you will:

• Have a better understanding of the structuring options facing clients that let property as short stay accommodation.
• Gain an understanding of the issues arising from the recent changes to income tax and GST rules.
• Provide advice taking into account any post-election changes
• Be able to advise your clients on ownership and trading considerations when letting property as short stay accommodation.

SUITED TO

This course will be suitable for all accounting and legal practitioners that have clients looking to buy and/or let property on a short-term rental basis, as well as real estate agents and property letting managers.

PRESENTER

Daniel Gibbons, Tax Partner, Findex NZ, (presenting on behalf of TEO).