Friday, August 12, 2022

New Zealand - Tax incentives to boost long-term rental supply

  • Tax changes aimed at growing quality, secure rental supply

  • New and existing build-to-rent developments exempt from interest limitation rules in perpetuity, when offering ten-year  tenancies

  • Exemption to apply from 1 October 2021.

The Government is encouraging more long-term rental options by giving developers tax incentives for as long as the homes are held as long-term rentals, the Housing Minister Megan Woods has announced. 

No comments:

UK: New EU rules for pet travel for GB residents (The changes apply to non-commercial movements of dogs, cats and ferrets)

From Wednesday 22 April new EU rules have come into effect covering how GB residents can travel to the EU with their pets. People can still ...