This page contains topical legal news items. For more information on legal items of interest, see the Legal Information section of this website.
AML
3 Jun 2018Why we need to ask you for ID and other information before commencing work for you...Anti-Money Laundering and Countering of Financial Terrorism ...
Read More...Trust Law has changed
24 Apr 2020....and continues to do so.This arises from Court decisions (in particular instigated by IRD for tax, relationship partners following separation, and ...
Read More...Tax on House Sales
20 Dec 2017....If you sell a house within 5 years of purchase then you will be liable for Income Tax on the profit on the sale.This is known as the Bright Line ...
Read More...Rest Home Fees
31 May 2015....Your Trust may not protect your house from being sold to pay for residential care fees if you go into rest home care. WINZ has tightened the ...
Read More...Company Tax
6 Mar 2012.... Does my company need to pay me a market salary?IRD has taken a position since the cases of IRD against Penney & Hooper and may challenge income ...
Read More...Gift Duty
5 Mar 2012...Gift Duty has been abolished. However, depending on your circumstances, a Gift may not be effective against creditors, relationship partners or ...
Read More...LAWYERS SELLING REAL ESTATE
3 Mar 2012.....Lawyers are authorised to sell Real Estate under the Real Estate Agents Act.We have been selling houses for our clients since 2011. We use a ...
Read More...Good advice

- Do not sign any contract without seeing us first.
- Lawyers know more about agreements than anyone else.
- Spending money on due diligence is cheaper than finding out problems after you sign.
- Be careful as to GST in property and business transactions.
- If signing can wait until the next day then sleep on it. Things can often look different the next day.
- Don't believe anything a salesperson tells you (some of it may be true or half true but you will not know what is)
- Never accept legal advice as to a contract or property from anyone but a Lawyer. See above and below.
- If in doubt ask a Lawyer or Legal Executive at Murdcoh Price.