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Celebrating the Success of North Harbour’s Emerging Talent
The Government's Budget Day announcement took many by surprise with an increase of the trustee tax rate to 39%, paralleling the top individual marginal income tax rate effective from April 2024.
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10 Months at Lightspeed
The Government's Budget Day announcement took many by surprise with an increase of the trustee tax rate to 39%, paralleling the top individual marginal income tax rate effective from April 2024.
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It's been a week already?!
I joined Bellingham Wallace just a week or so ago on Monday, April 17th with all the normal new start feelings of excitement and nervousness. But there was no time for either of those feelings…
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Government releases interest limitation proposal
This week the Government has released draft legislative proposals with respect to limiting the deductibility of interest expense for residential property investments and a number of changes to the bright-line rules. This proposal is the Government’s attempt to make residential properties a less attractive investment option and to help level the playing field for first home buyers.
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Government Announcement: Bright-line test changes & interest deductions on investment property
Today the Prime Minister announced a huge package of policies aimed at increasing housing affordability that includes changes to the bright-line test and interest deductions on investment property.