New Zealand witnesses residential property tax changes (again)

  • Removing interest deductions for residential rentals
  • Extending the Bright-Line Test from 5 years to 10 years, and other changes for the main home exemption.
  • Investing $3.8 billion into housing acceleration funds
  • Loosening income and price caps for first time buyers who plan on utilizing government assistance programs

Removal of interest deductibility

Bright Line Test

Other measures

Other comment

Final notes

Need help with your taxes or want to know more about the New Zealand Tax System?

--

--

--

The first independent marketplace for global migration. Dig-deeper into relocation topics and connect with qualified advisors. www.relocate.world

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

What the Casey Review Got Wrong (and Right) About Migrant Women’s Social Exclusion

The best intentions

Ryan Houghton: Referendum on Scottish Independence

Urban Nomads in Beijing

The Great Indian Robin Hood Syndrome

To ICJ or Not to ICJ, This is the Question…

Zimbabwe coup could be a precursor to bloody 2018 elections

Sudan army dissolves transitional government, in apparent military coup

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Relocate

Relocate

The first independent marketplace for global migration. Dig-deeper into relocation topics and connect with qualified advisors. www.relocate.world

More from Medium

6 Years Without a Blackout, 6 Years Without an Escape Pt. 1

Rostering software & employee satisfaction

What comes next…

Zoom Alternatives You Could Use