Audio of Mark Withers on the imminent changes to the tax rules affecting Loss Attributing Qualifying Company - and, if you have one, what you need to do soon!
Specialist property accountant Mark Withers, author of Property Tax - A New Zealand Investor's Guide, talks with Empower Education's Peter Aranyi about important changes to the rules affecting the use of Loss Attributing Qualifying Companies for investment property.
Mark explains why they mean ANYONE who owns property in an LAQC urgently needs to review their ownership structure - and ask some important questions about whether the arrangements in place are still right for them under the new rules.
(And he explains why you need to do this soon!)
Source: Empower Education