Expert NZ Rental Property Tax Services

– Quick, Affordable & Stress-Free

Why Rental Owners Choose Us

Save on Taxes

Maximise your rental property deductions with expert guidance. Our customised rental questionnaire helps uncover deductible expenses and ensures you stay up to date with New Zealand tax law changes.

Stress-Free Process

We take care of everything from start to finish — including IRD correspondence, tax filings, and deadline reminders — so you can relax knowing it’s all under control.

Affordable Pricing

Designed specifically for rental property owners:
$379 + GST for individually held rentals
$479 + GST for jointly held rentals

Annual fee includes:

  • Profit and loss summary
  • Preparation and filing of relevant individual tax return(s)
  • Ongoing support for any rental-related tax queries throughout the year

How It Works: Simple, Two-Step Process

Step 1 – Collect Your Rental Details

Send us your rental bank statements and complete our rental questionnaire . Our questionnaire is designed to prompt you for every possible tax deduction, helping you maximise your return while streamlining the entire process.

Step 2 – Review & Approve

We’ll process your rental property accounts, ensuring you claim all eligible deductions. If we need anything else, we’ll reach out. Once everything is reviewed, we’ll send you drafts for approval and signing—showing exactly what’s payable or refundable.

Give us a call now for a free quote within 5 minutes, or fill out our contact form and we’ll get back to you within one working day.

We think we’re pretty good at what we do—but don’t just take our word for it. See what our clients are saying!

Rental Property Accounting FAQs

1. What rental property expenses are tax deductible?

Common deductible expenses include:

  • Property management fees
  • Rates
  • Insurance
  • Mortgage interest
  • Motor vehicle expenses (at the IRD public service rate)
  • Depreciation on chattels
  • And more, depending on your specific situation

2. Do I need to pay tax on rental income in New Zealand?

Yes, you do. Your net rental profit (income after expenses) is added to your other taxable income (e.g., salary or wages) and taxed at your marginal tax rate.

3. How is rental income declared between a couple?

If a rental property is jointly owned, the income and expenses are generally split 50/50, and each owner declares their share in their personal tax return. Each person’s share is taxed at their respective marginal tax rate.

4. What records do I need to keep for my rental property tax return?

To stay compliant and ensure you claim all deductions:

  • Set up a separate bank account for rental income and expenses.
  • Keep receipts and invoices for all large purchases.
  • Retain records for at least seven years, as required by the IRD.

5. Do I need an accountant for my rental property tax return?

No, you can file your rental income tax return yourself through the IRD. However, using an accountant has several benefits:

  • ✔ Ensures you maximise all eligible deductions.
  • ✔ Provides peace of mind by keeping you compliant and avoiding tax penalties or interest from the IRD.
  • ✔ Handles all IRD correspondence on your behalf.
  • ✔ Saves you time and hassle, allowing you to focus on managing your investment.

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2024 Tax Updates & Highlights

Stay informed with our annual newsletter featuring key tax changes, practical guidelines, and essential updates for New Zealand taxpayers.