Birdwatch Note Rating
2023-11-29 23:51:31 UTC - HELPFUL
Rated by Participant: D8C51D2F78E60CE2DB6147FBE298EED2EDDE9C8506A3ECB1053C1CE52F5EC3F2
Participant Details
Original Note:
The change is from 50% to 60% deductibility in the current tax year i.e. to 31 Mar 2024. So, it's not backdating because that tax year is still happening. There is no reversal of a prior tax liability, only a future one. Partial credits of some prepayments is not backdating. https://www.nzherald.co.nz/nz/politics/landlords-set-for-early-tax-refunds-under-coalition-agreement-policy-cost-tipped-to-hit-3b/DSJD5XJHHZHLDPNVCVUAIZGXYI/
All Note Details