Accountants unanimously oppose property investor tax deductibility changes
Speed of change means there will be some very unjust outcomes, CPA says.
Hamish McNicol
Thu, 15 Jul 2021
The government’s removal of interest deductibility for property investors will create loopholes where there was none, add unnecessary complexity to the tax system and fail to have a meaningful impact on housing affordability, a professional accounting body says.
And an experienced accountant
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Hamish McNicol
Thu, 15 Jul 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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