News
D-day for new tax rules
Thursday 1st of October 2015
More controversially, today is also the start date of the Government’s new bright line test.
The bright line test requires income tax to be paid on any gains from residential property purchased and sold within two years – with some exceptions.*
It is this measure which has become the focus of some heated discussion recently.
Want to read the full article?
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
Latest News
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)