There are changes ahead for New Zealand property investors and business owners, with the recommendations put forward by the Tax Working Group. While much of what is proposed can sound alarming, with sound legal and accounting advice Ruby Housing considers a cautious approach rather than a hasty decision will mitigate the risk of ownership of rental investments.

See the links below to find out more, and talk to your accountant and tax lawyer to find out how these changes may affect you. For sound help in managing your portfolio, contact Ruby Housing today.

Reference: https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12206014

Reference: https://www.radionz.co.nz/news/political/383029/capital-gains-tax-recommendations-what-you-need-to-know