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Income Tax Act 2007

Deductions - Interest incurred in relation to certain land

DH 2: When this subpart applies

You could also call this:

"This law applies if you got interest from 1 October 2021 onwards."

Illustration for Income Tax Act 2007

This part of the law applies to you if you have interest from 1 October 2021. You need to know when the interest started to see if this law applies to you. The law started on 1 October 2021 for interest incurred on or after that date.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS675439.

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Topics:
Money and consumer rights > Taxes
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"Interest on certain land: what you can and can't claim"

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Part DDeductions
Interest incurred in relation to certain land

DH 2When this subpart applies

  1. This subpart applies to interest incurred on or after 1 October 2021.

Notes
  • Section DH 2: inserted (with effect on 27 March 2021), on , by section 75 of the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 (2022 No 10).