NZPIF applauds the Government decision not to introduce capital gains tax "The NZ Property Investors' Federation (NZPIF) applauds the decision not to introduce a capital gains tax" said Andrew King, Executive Officer of the NZPIF. "This tax would have no effect on the housing market except to make rentals more expensive. This would be unfair on tenants". 17-04-2019 more >>
Rentals are not undertaxed In the Friday, 29 March Herald, Dominick Stephens said "property is more lightly taxed than other forms of investment". He quoted a Treasury and Inland Revenue report to back up his claim. That report was also used by the Tax Working Group. However economist Bevan Wallace found serious errors in the report and showed that the conclusion that rental property is undertaxed was wrong. 01-04-2019 more >>
The correct facts about tax and rental properties Westpac Economist, Dominick Stephens, says that property is more lightly taxed in NZ compared to other assets. He quotes a Tax Working Group study to make this claim. However financial consultants Morgan Wallace found large errors in the Group’s study and concluded that rental property is actually taxed more than other assets. 19-06-2018 more >>
Home owners can pay property tax as well An issues paper on the Bright-line test for sales of residential property, released yesterday confirms that some homeowners will have a Bright Line test applied against them. 30-06-2015 more >>
Capital gains tax aimed at speculators "The NZ Property Investors Federation is comfortable with the Prime Minister's announcement of a capital gains tax on property sold within two years," says Andrew King, Executive Officer of the NZ Property Investors' Federation. 17-05-2015 more >>
Landlords and tenants set to lose with capital gains Labour proposals for a capital gains tax on investment property have been criticised as unfair on both investors and tenants, "who are going to end up paying for this." 06-07-2011 more >>
Govt came close to changing capital gains tax rules on property Toughening existing tax rules about when the capital gain on a property can be taxed were still under consideration by ministers until relatively late before this year’s Budget, papers released by the Treasury show. 14-07-2010 more >>
POLITICAL & REGULATORY REPORT for December 2009 RESIDENTIAL TENANCIES AMENDMENT BILL - 2nd reading commenced.
The Government commenced the second reading debate of the Residential Tenancies Amendment Bill on 8 December. This process basically means that Parliament is asked to adopt the bill as reported back, with amendments from the Social Services Select committee. 11-01-2010 more >>
Taxing matters Calls for a capital gains tax are gaining momentum, but unfortunately the capital gains debate thus far has been tainted with misinformation and a lack of clarity as to what a capital gains tax would hope to achieve. Frank Newman, who is a writer on investment and a part-time lecturer at Massey University, gives his views. 22-09-2009 more >>
Capital gains tax to focus on equity Equity, rather than the question of curing an over-investment in property, is the focus of a new paper on a capital gains tax for New Zealand. 18-09-2009 more >>
Key all but rules out property capital gains tax While the Prime Minister John Key virtually ruled out a capital gains tax yesterday, he is much less unequivocal about other forms of tax on property investment. 15-09-2009 more >>
NZPIF Opposes Capital Gains Tax The NZPIF has been campaigning on behalf of it's members in opposition to proposals to introduce a Capital Gains Tax for Property Investors. 15-09-2009 more >>
National says no to capital gains tax A capital gains tax on property investment is definitely not on the Government's agenda, says Housing Minister Phil Heatley. 05-06-2009 more >>