Leadership That Delivers webinar and Covid Policy for customer contact
Interest limitation on residential investment property The Government has released draft legislative proposals to limit interest deductibility for residential property investments. From 1 October 2021: for properties acquired before 27 March 2021, interest deductions on loans will be phased out at 25% per year over 4 years, until 31 March 2025 for properties acquired after 27 March 2021, interest deductions will not be deductible (unless the property was acquired by… Read more