Income Tax Act 2007

Deductions - Interest incurred in relation to certain land

DH 6: Interposed residential property percentage

You could also call this:

"Old rule about tax deductions for homes that is no longer used"

When you look at the law about income tax, there is a part called Interposed residential property percentage. This part is in the section about deductions in the Income Tax Act 2007. It has been repealed, which means it is no longer a part of the law.

You can find out more about the change that removed this part of the law by looking at the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024. This change happened on 1 April 2025. The change was made by section 48 of the new act.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS675460.


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"Important words and phrases used in the Income Tax Act 2007 are explained here."


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DH 7: Grandparented residential interest, or

"Old rules for claiming interest on rental homes that no longer apply"

Part DDeductions
Interest incurred in relation to certain land

DH 6Interposed residential property percentage (Repealed)

    Notes
    • Section DH 6: repealed, on , by section 48 of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024 (2024 No 11).