Although it’s not law yet, the tax ring-fence for rental property losses is likely to be approved and will apply to the current tax year, but CoreLogic Senior Property Economist Kelvin Davidson doubts it will dramatically change the rental property landscape
The proposed tax ring-fence for rental property losses isn’t in force yet, but it is currently going through the ‘bill to law’ process – which starts with a select committee and then ends up before Parliament for the final stage.
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