How it works
Subtracts purchase price and deductible costs from sale price to estimate taxable gain, then applies the selected rate. Can apply to residential property sold within the bright-line period unless an exclusion applies. Earlier acquisitions may have faced longer periods under prior law settings.
Bright-line tax rates:
- Properties sold on or after 1 Jul 2024: 2-year bright-line period applies, taxed at owner's personal income tax rate
- Properties acquired between 27 Mar 2021 and 1 Jul 2024: 10-year bright-line period
- Properties acquired before 27 Mar 2021: 5-year bright-line period may apply
Current rule shown2-year rule for properties sold on or after 1 Jul 2024
Taxed asIncome at the seller's applicable rate
Use the calculator
Use the live tool above to enter your figures, compare outcomes, and sense-check the result before you rely on it for planning. This page is built for property owners, investors, and advisors reviewing taxable residential property sale gains.
- Purchase date and sale date both matter.
- Main home and other exclusions may alter the result.
- Track acquisition and disposal costs accurately.
Official IRD guidance
Check the official IRD guidance for the latest published rules, thresholds, timing, and definitions that apply to Bright-line Property Tax.
Open official guidance
www.ird.govt.nz/property/buying-and-selling/when-you-need-to-pay/the-brightline-property-rule
Disclaimer
This calculator provides estimates only and does not replace official IRD calculations.
- Assumes the sale falls inside the bright-line period.
- Does not apply main-home or other exclusions.
- Uses a simple gain estimate only.