Capital Gains Tax (CGT) is a tax in New Zealand based on the gain in value from capital based investments. These types of investment include but are not limited to property/real estate, shares and stocks, bonds and precious metals such as gold. The tax is charged on the different between the purchase price and the sale price which is the capital gains value. The CGT calculator below will help you find out your capital gains in terms of dollar value as well as effective yield.If you are looking for help with your taxation needs we recommend the team at Glenfield Tax Accountants who are Accountants that see beyond the balance sheet. They're available at their website at https://www.taxshop.co.nz/ or by calling 09-443 7741.
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