Property Tax Webinar: Updated Legislation
1 April 2022
Following public submissions, updated legislation in New Zealand will bring into force the changes to the bright-line rules and the removal of interest deductions for certain residential property has been released.
Watch our expert panel as they discuss the practical implications of:
What has changed following the consultation process.
What properties will be affected by the loss of interest deduction and from when.
What is now considered a “new build”.
What transactions are eligible for relief from the bright-line rule.
Key dates and considerations with the rules.