Tax Alert


Tax Alert 

A focus on topical tax issues - February 2017

No tax holiday for short term rental accommodation

With the advent of online accommodation marketplace services such as AirBNB, Book-a-bach, and similar holiday home rental sites, it has never been easier to turn a spare room, a holiday home or any other usable space into some easy cash.

More and more New Zealanders are making the most of the new accommodation craze and it is easy to see why when the hassle of advertising, managing bookings and collecting payment are provided through a third party platform.  However, many people are using these services without consideration of the potential tax implications which can transform a little extra income on the side into an unexpected tax bill.


Tax Alert February 2017