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Legislation Changes

by Matthew Gilligan 12 Nov 21

The government have made changes to two areas of legislation that affect property investors: tax (interest deduction and bright-line), and the Resource Management Act.  Tax ChangesIn October the government finally introduced legislation into parliament setting out the proposed interest deduction rules. Here is a summary..

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Thanks for a great night at your property information seminar last night. Both my husband and I thoroughly enjoyed what Matthew had to talk about and we learnt a great a lot. We have recently joined GRA for our accounting services and are in the process of changing structures with trusts etc. Whilst its only early days everyone so far we have dealt with has been fantastic and we feel we are in great hands with GRA to not only manage our affairs but to also help to grow our wealth moving forward. We look forward to joining you at property school next year! - Amanda C, November 2018
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