PolicyTaryn ParisFri 28 Apr 23

Restrictive Tax Slashed in Build-to-Rent Boon

undefined

Build-to-rent developers are celebrating the removal of a significant hurdle to the fledgling sector as the federal government halves the controversial Managed Investment Trust withholding tax.

Industry stalwarts have lobbied for years for the 30 per cent tax to be dropped to 15 per cent in line with purpose-built student accommodation assets.

The

Already an email subscriber?

To continue reading, become a free email subscriber

Join 50,000 property professionals who stay up to date with our newsletters.

Stay informed with the latest trends and insights.

No payment required

Email Newsletters:

The Daily Briefing
The Weekly Briefing
Breaking News
Events, Education & Offers
Weekly Sector Summary (coming soon)
Weekly Industry Summary (coming soon)

Continue reading

AUTHOR

Taryn Paris

More articles by this author

undefined

[+] Investors Play Defence as Worker Proximity Powers Asset Value

undefined

TUD+ Member Content

[+] Developers Planning a Podium Finish for Games Gateway

undefined

[+] BtR Proves Worth as Apartment Sector Change Agent

undefined

Student Accommodation

[+] Student Accommodation Shortfalls Dragging on Housing Crisis Recovery

undefined

[+] More than Profit: The Steady Rise of Sustainable Investment

Article originally posted at: https://www.theurbandeveloper.com/articles/MIT-tax-slashed-in-build-to-rent-boon