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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
4 mins to read

David Parker on changing who makes the largest bid at property auctions

Minister says grey areas on interest tax deductability still need to be sorted.

Brent Edwards Thu, 15 Apr 2021

Revenue Minister David Parker is adamant other investors will not be caught up in the tax changes property investors now face, even though he says wealthy people have tax advantages low-income earners do not.

Parker told NBR that it was undoubtedly true that wealthy people could more easily

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Brent Edwards Thu, 15 Apr 2021
Contact the Writer: brent@nbr.co.nz
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David Parker on changing who makes the largest bid at property auctions
Politics,
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