Article tagged with 'tax working group'
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Homesellers required to provide IRD number
19 Jun 2019 - Investors who flip properties are currently subject to the bright line test, but owner-occupiers are not. That is now set to change.
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New flames to fan housing market
18 Apr 2019 - The demise of the capital gains tax proposal and record low mortgage rates will led to a pick-up in housing demand and boost the market, ASB economists say.
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Ditching CGT a win for common sense
17 Apr 2019 - Celebration is the name of the game for property investors nationwide after the Government announced that it won’t be introducing a capital gains tax.
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CGT reprieve
17 Apr 2019 - New Zealand will not see the introduction of a capital gains tax after the Coalition Government was unable to reach a consensus on the issue.
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Capital gains battle heats up
08 Apr 2019 - There are now two declared armies in the battle over taxing capital gains, with the launch of a new pro-capital gains tax campaign on Monday.
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Policy king hit
08 Apr 2019 - Investors have recently been dealt a double whammy with the concurrent release of the Tax Working Group’s recommendations on capital gains and the Healthy Homes minimum standards.
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CGT threat barely dents market confidence
15 Mar 2019 - Confidence in the market remains solid among both residential and commercial property owners – despite the threat of a capital gains tax.
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Sales plunge by nearly 10%
13 Mar 2019 - Residential property sales nationwide took a big tumble in February – but capital gains tax related uncertainty could be to blame.
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Scope of CGT likely to narrow
26 Feb 2019 - Government assurances that they are not bound by the Tax Working Group’s recommendations are increasing concerns that a capital gains tax will be applied to rental properties alone.
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Researchers: Keep CGT out of retirement savings
26 Feb 2019 - The Tax Working Group’s recommended tweaks to KiwiSaver are proof that any capital gains tax shouldn’t touch shares, retirement policy researchers say.