Property investor tax deductibility changes an ‘absolute nonsense’
Tax advisers surprised by tax deduction changes in government housing package.
Hamish McNicol
Tue, 23 Mar 2021
Hot Topic
Hawke’s Bay
Tax advisers are awaiting further detail on what some describe as the “absolute nonsense” changes to tax deductibility for property investors, particularly around new builds, and say the government’s attempted clampdown shows the limited role of tax in solving housing affordability.
The
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Hamish McNicol
Tue, 23 Mar 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Property investor tax deductibility changes an ‘absolute nonsense’
Politics,
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