Tax Alert

HOUSING POLICY MEASURES CLARIFIED The Government has released Supplementary Order paper no 64 (SOP) to the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters)…

September 2021 New Tax Bill Introduced

Taxation (Annual Rates for 2021-22, GST, and Remedial Matters) Bill – was just introduced to the Parliament. The Bill contains around 100 policy and remedial amendments. Whilst not all of them are relevant for every business this bill has something for everyone. Although these may still change as the Bill goes through the consultation process, a… Continue reading September 2021 New Tax Bill Introduced

Residential Rental Properties & Interest Deduction Limitation & Additional Brightline Rules

Last week IRD released its discussion document on the application of the new interest deduction limitation.  Whilst this is a discussion document only it gives good indication where the Government is heading. The Government is blindsided by the illusion that these draconian rules will somehow reduce the upward pressure on housing prices. Whilst these rules… Continue reading Residential Rental Properties & Interest Deduction Limitation & Additional Brightline Rules