11 Mar 2024

Govt claims new tax policy will save tenants money

From Checkpoint, 4:07 pm on 11 March 2024

The government can't say how much cheaper rent will be as a result of a new tax policy benefiting landlords, but claims it will save tenants money too.

From the 1st of April, residential rental property owners will once again be able to claim tax deductions for the interest on their mortgages.

Labour had started phasing out the tax breakout.

This government says the change back will simplify the tax code.

Associate Finance Minister, David Seymour speaks to Lisa Owen.