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Government unveils tax breaks for build-to-rent developers

Interest limitation exemption and an asset class definition are expected to be introduced to Parliament this month.

Minister of housing Megan Woods announces build-to-rent tax breaks.

Andrew Bevin Fri, 12 Aug 2022

Build-to-rent developers and owners offering ten-year leases will receive a tax break in an attempt to boost long-term rental supply.

The tax changes, announced by Housing Minister Megan Woods in Hobsonville this afternoon, will see new and existing build-to-rent developments exempt from interest

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Andrew Bevin Fri, 12 Aug 2022
Contact the Writer: andrew@nbr.co.nz
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Government unveils tax breaks for build-to-rent developers
Politics,
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