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INSANE TRUTH About NZ Property Market / Ep 338

NZ Everyday Investor

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The New Tax Rule for Renters

The new tax rule for any list of the show who perhaps unaware of the new interest in that disability rules, effectively what these mean. These were introduced back in 2021 by Jacinda Arduin and Grant Robertson. Effectively, you will be taxed as if you don't have a mortgage, despite the fact that you still have a mortgage to pay. So imagine paying that same amount of tax and now you've got to pay your whole mortgage because it hasn't gone away. And how do you feel about that? It's ludicrous.

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