Be the 1st to hear about new developments

Assured Property Investments Assured Property Investments
  1. Current Listings
  2. Past Developments
  3. News & Guides
  4. Customer Stories
  5. Community Involvement
  6. The Property Development Club
  7. About Us
  8. Contact
07 823 2525
Author John Kenel16 November 201811 Nov 2018

Expert Opinion

Property Investment still attractive, despite capital gains tax

I already have capital gains tax on my property investments and it doesn’t stop me staying heavily invested in property.

Anything I have bought for several years now has been subject to a 10 year bright line test, it’s a law they bought in specifically for developers. In fact, if I purchase a property from one of my own developments I become subject to capital gain tax forever, no limit, if I sell in 30 years time I still have to pay income tax on the gain, another rule for developers. So in some ways a broad based capital gain tax is just levelling the playing field.

The main impact of a capital gains tax on property will be more income for accountants and lawyers as there will no-doubt be complex new tax rules to understand, and we’ll also need more government staff to administer the new tax.

The final impact will be more upward pressure on rents as landlords will be forced to balance their books in the face of higher costs. And for those of you that think rents can’t continue to climb as tenants can’t afford it – don’t forget that your taxes already pay some of the rent for 136,000 households across New Zealand through the Accomodation Supplement, at a cost of $361 million in 2018 alone.

So rents will continue to rise.

Via stuff.co.nz

Author John Kenel16 November 201811 Nov 2018
  • Facebook
  • Twitter
  • #economy
  • #expert-opinion
  • #finances
  • #government-policy
  • #investment-strategy
  • #property-investors
  • #rental-homes

More news

Author John Kenel15 May 2025

88 Billion in new Taxes from the Greens

Let’s break that down. There are around 5 million people in New...

Read more

Author John Kenel15 May 202505 May 2025

Building Pulse Podcast – Part 2 of 2

Innovation Is Possible - If We Let It Happen After laying out...

Read more

Author John Kenel13 May 202505 May 2025

BuildingBuilding Pulse Podcast – Part 1 of 2

With over 20 years in property development and over 1,000 homes delivered,...

Read more

Featured properties

Home

sold

3 bedroom duplex

Brand new quality homes

Bedrooms 3
Bathrooms 1
Garage Single1 garage

Townhouse

sold

2 & 3 bed townhouses

City Living on River Ridge, Hamilton

Bedrooms 3
Bathrooms 2
Garage Single1 garage

Townhouse

sold

2, 3 & 4 Bedroom Townhouses

Townhouses on Te Rapa

Bedrooms 3
Bathrooms 3
Carparks 2

Assured Newsletter

Be first to know about
new developments

free

new

The Hamilton Property Guide

2024 issue edited by John Kenel, Assured Property

View here
  • Home
  • Current Listings
  • Past Developments
  • News & Guides
  • Customer Stories
  • Community Involvement
  • About Us
  • Contact
  • Privacy Policy
  • Facebook
  • Twitter
  • LinkedIn

Visit

63a Alpha Street, Cambridge
Monday - Friday (9am - 5pm)

Contact

info@assuredproperty.co.nz 07 823 2525

© 2025 Assured Property Investments. 

Site by Brontë + Benek