Robyn Walker: Deloitte tax partner says we could be seeing the beginning of a tax system rejig
Early Edition with Ryan Bridge · Newstalk ZB
August 5, 20212m 48s
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Show Notes
An opportunity has arisen to right a so called unfairness for people in our middle income tax brackets.
The ability for property investors to claim loan interest costs as an expense against rental income is being phased out.
Budget documents show the full removal of that would have given the government another $800 million or more in tax.
Deloitte tax partner, Robyn Walker, told Kate Hawkesby this could be the beginning of a tax system rejig.
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The ability for property investors to claim loan interest costs as an expense against rental income is being phased out.
Budget documents show the full removal of that would have given the government another $800 million or more in tax.
Deloitte tax partner, Robyn Walker, told Kate Hawkesby this could be the beginning of a tax system rejig.
LISTEN ABOVE
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