Article tagged with 'tax'
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Higher top-up tax looming if Government doesn't change
02 Oct 2023 - Whether National or Labour is elected in a fortnight’s time, chartered accountant and tax specialist Matthew Gilligan of Gilligan Rowe & Associates says tax rules will change.
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Wealth tax not ruled out - Finance Minister
28 Oct 2022 - The Minister of Finance has not ruled out the possibility of imposing a wealth tax.
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No new taxes but a big tax enquiry – Revenue Minister
26 Apr 2022 - The Minister of Revenue David Parker says there will be no new taxes introduced by his Government, even though he is planning more tax legislation.
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New tax rules: What investors need to know
05 Oct 2021 - Although the Government has outlined details of the new legislation regarding the phasing out of property investors’ interest deductions, the new bill also has other effects for property investors.
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Tax deductibility rules could be revealed next week
24 Sep 2021 - Developers and landlords who have been waiting with bated breath for clarification around the tax deductibility rules on mortgage interest should get some answers next week.
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Accountants slam interest deductibility changes
22 Jul 2021 - Accountancy trade bodies have hit out at the Government's plans to restrict the deductibility of mortgage interest for investors, claiming the reforms will lead to unintended consequences and unnecessary complexity.
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Landlord polls: Rents will lift, sales will be low
09 Apr 2021 - Three recent landlord polls show the majority are going to lift rents in response to the Government’s decision to scrap mortgage interest deductibility against income.
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Housing market on war footing
29 Mar 2021 - The Government is staking its political credibility on its war against soaring house prices, says BNZ chief economist Stephen Toplis.
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The year for property politicking
25 Mar 2021 - Political pressure on the Government to “do something” about the housing market means 2021 will be remembered as the “year of property politics”, says CoreLogic senior economist Kelvin Davidson.
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Trust tax disclosure changes: What advisers need to know
24 Mar 2021 - The Trusts Act 2019 set new responsibilities for trustees – those obligations are about to increase again with the introduction of new tax disclosure requirements.