Birdwatch Note Rating
2023-11-29 04:10:58 UTC - HELPFUL
Rated by Participant: DBB04ECD8F35F8B16486DA71A6F2E5505C72031629E36D3C70FC788DA852ECCE
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