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. 

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