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Income Tax Act 2007

Deductions - Interest incurred in relation to certain land

DH 4: When this subpart does not apply: exemptions for new builds, development, social or emergency or transitional housing, and council housing

You could also call this:

“This law doesn't apply to new houses, development work, or some types of housing like social or council housing.”

This part of the law does not apply to you if you are building a new house or doing development work. It also does not apply to social housing, emergency housing, transitional housing, or council housing. You can find more information about the law that repealed this part by looking at the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS675443.

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Part D Deductions
Interest incurred in relation to certain land

DH 4When this subpart does not apply: exemptions for new builds, development, social or emergency or transitional housing, and council housing (Repealed)

    Notes
    • Section DH 4: repealed, on , by section 48 of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024 (2024 No 11).