π’ New year, new rules! π’
πΉ Interest deductibility phasing in
πΉ Brightline periods reduced
πΉ GST capturing AirBnB
πΉ Trustee tax increases
πΉ Tax depreciation removed from non-residential buildings
π¬ Further changes may be announced in the budget scheduled for release in May 2024.
π¬ The RBNZ is also consulting on introducing DTI (debt to income) restrictions and lowering deposit requirements.
πΌ Let adviceHQ guide you through these changes to ensure your success in 2024.
#advicehq #RBNZ #nzpropertyinvestor
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Government targeted relief
My sister is a Pensioner living in Wellsford. She has an appointment at North Shore Hospital tomorrow afternoon at 2.45pm. The 160km round trip would cost about $50 which is too expensive. Instead, she will be taking a free shuttle leaving from Wellsford at 8am tomorrow, so will have almost 6 hours wait at hospital . It is not only families with children who are struggling. I do understand that not everyone can be accommodated in the relief, but just saying.
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