Government closes loopholes for LAQCs
(20 May 2010)
The Government is closing the loophole on loss attributing qualifying companies (LAQCs), a favoured property investment vehicle, by aligning the tax rates between the structures' deductions and profits.
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Budget preview: Property in line of fire
(18 May 2010)
Changes to the structure of the tax system are the most highly anticipated part of the Budget to be delivered on Thursday as the government looks to reduce distortions which have been affecting work and investment decisions.
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Otago investors reluctant to use new rating scheme
(17 May 2010)
Otago property investors are hesitant to participate in a voluntary scheme to star rank properties. The Student Tenancy Accommodation Rating Scheme (STARS) is a collaboration between the Dunedin City Council, the University of Otago and the Otago Polytechnic.
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One step closer to leaky home resolution?
(17 May 2010)
The government has taken a "giant step in the right direction" when it announced today it would increase the amount it is prepared to contribute towards repair costs for leaky home owners.
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