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Officials against rental property interest deductibility removal 04-05-2021
Newly released information shows that in addition to Inland Revenue and Treasury, officials from the Ministry of Housing and Urban Development were unanimous in advising the Government against removing rental property mortgage interest as a tax deduction. This opposition is also supported by economists, the general public and even tenant groups who are also stating that the policy will lead to rent rises.
South Canterbury Property Investors' Association
Email: south-canterbury@nzpif.org.nz
Postal Address:
PO Box 81, Timaru
