With all the changes in tax law in recent years, there has been plenty of speculation about what a change in government might mean for the tax landscape.
Whilst the National Party has not released their final tax policy ahead of next year’s election, on their website there are some clear indications of what they would do should they be elected.
Amongst other tax reversals on things like fuel and infrastructure, the National Party website says they will reverse:
Of course for any of this to matter, there would have to be a centre right government voted in next year in the general election. Current polling seems to indicate there is a reasonable chance of this happening.
So whilst we may not be getting any tax cuts for Christmas this year, there may yet be something under the tree come 12 months’ time.
I read Matthew’s book Property 101 and then came to Property School. I have to say there is nothing 101 about either of them. Between the book and Property School you learn that there is a lot more to property investing than meets the eye. There is no doubt in my mind that GRA are a cut above the rest when it comes to property education and planning. Impressive for a chartered accounting firm – they really know their stuff! - S.C. - April 2016
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