Commercial Property NZ

What is the change? The Government is removing the ability to depreciate commercial and industrial buildings from the start of the 2024/25 income year (1 April 2024 for most taxpayers). This will support the Governments fiscal requirements and is estimated to generate...

New Zealand Limited Partnerships are separate legal entities in law but are disregarded for tax purposes. Partners have limited liability as long as they do not participate in the management of the Limited Partnership. Management of the Limited Partnership is...

Most First Light Capital offers are wholesale investment offers which means only Wholesale Investors can invest in them. Who is a Wholesale Investor? To qualify as a Wholesale Investor, you must meet the criteria set out in Schedule 1 of the Financial Markets Conduct...

Widely-held companies and unit trusts that meet certain eligibility criteria can elect to be “Portfolio Investment Entities” for tax purposes. For “Multi-rate PIEs”, shareholders and unitholders are treated as if they own the underlying investments of the company or...

First Light Capital is the manager of the Funds and Syndicates and is an AML/CFT reporting entity. We are therefore required to comply with New Zealand's Anti-Money Laundering and Countering Financing of Terrorism Act 2009 and similar AML laws of other countries. We...