What Ring Fencing Means for Investors | Ep. #13

In Episode 13, we discuss Ring Fencing. This is a new piece of legislation that stops New Zealand property investors from claiming tax benefits they were previously entitled to.  Under the previous regime, if a property investor made a tax loss each year, the investor could subtract the loss from their income tax.  This meant that they could claim a tax refund on the additional tax they had already paid.  This money would then be used to pay down the cash losses associated with the investment.  Investors can no longer do this. Which is why we give 3-4 different strategies that property investors can use to combat this legislative change.  To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.