Please note this webinar has been suspended until further notice. It will proceed when expected legislation eventuates later in the year.

The interest deductibility rules are being changed again as a result of the recent change in Government.

In this course, we will look at the rules as a whole, focusing on the impact of the recent changes on how the rules can be applied and what this means going forward.

We will provide practical examples of how the rules might impact those who own residential property.

This is a chance to reflect and regroup. We will take the opportunity to look at the rules and what it means, as well as what, if any, opportunities there are to restructure property ownership and borrowings.

Upon satisfactory completion of this activity you will be able to know/understand:

• How the interest deductibility criteria applies, including:
  ~ distinction between new and old property
  ~ Timing of loss of deduction
  ~ Impact on “new builds”
• How roll-over relief will apply to grandparent loans.
• The practical implications of the recent changes including the restoration of ability to fully deduct interest costs over time.

1.25 CPD hours

Suited to…

The course will be suited to all levels of accountants, corporate professionals, public practice – law and accounting, general business advisors.

You might also be interested in:

Residential Property Tax Changes – Bright-line 2024 (on demand recording)

PRESENTER

Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 16 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.