Otago Property Investors Association Inc

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News & Updates

Recent updates

  • A summary of the Government's March 23 announcement of changes
    The Government made an announcement of changes relating to property investors which will take effect from Saturday 27 of March. Here is a summary of changes and links to fact sheets about each change.
    24-03-2021 more >>
  • Summary of changes announced by the Government on March 23
    Here is a summary of the proposed changes and fact sheets explaining the detail
    24-03-2021 more >>
  • Tax Working Group agrees property fairly taxed
    A Herald article and an Editorial published over the past week have suggested that property is undertaxed and rental property owners are able to buy property more cheaply than owner occupiers. Both these claims are wrong, but it is not the fault of the writers.
    27-06-2018 more >>
  • Labour's tax policy 2
    In the April I wrote about Labour confirming they would remove the ability to deduct tax losses from property against other forms of income. Unfortunately they recently made it official at their annual conference.
    09-06-2017 more >>
  • Gains of property sales targeted from today
    Revenue Minister Todd McClay says the new bright-line test, which comes into force today, will improve compliance with the current residential land sale rules and help to ensure that people pay their fair share of tax on gains from property sales.
    01-10-2015 more >>
  • Bright-line Bill passes first reading
    The Taxation (Bright-line Test for Residential Land) Bill, which contains proposals to improve compliance with the tax rules on the sale of residential land, has passed its first reading in Parliament.
    08-09-2015 more >>

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