Accounting and Tax

NZ controversial property tax changes podcast

Ryan Watt
15 October 2021
1 min read

18 October 2021

After much anticipation, proposed legislation has been released on the controversial property tax changes which were first announced on March 23 2021 in New Zealand.

Listen to our expert panel discuss the practical implications of:

  • How the interest deductibility rules will apply in practice.

  • What properties will be affected by the loss of interest deduction and when.

  • What exemptions will apply, including what is a “new build”.

  • How the new 5-year brightline test will apply.

  • How the brightline roll-over rules can apply.

  • Options that property investors have given the changes.

Author: Ryan Watt | Partner

Ryan is committed to helping clients make wise decisions about their business and taxation needs. He is driven to provide tailored and timely advice that cuts through the complexity and provides a commercial and practical outcome. Before joining Findex, Ryan was in the transaction services team of a leading Big 4 firm, advising clients on the tax implications of large transactions. Ryan’s clients range from individuals and trusts to privately owned New Zealand companies and multi-national groups, to whom he provides a broad spectrum general tax matters, property tax, international tax, M&A/transaction services and trans-Tasman tax.