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28 Jan 2020 13:45
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  •   Home > News > Politics

    People might be dodging the tax man, without even knowing it

    People might be dodging the tax man, without even knowing it


    Data shows there's 80-million dollars missing - which has led to tax investigators are door knocking speculators, in a quest to recover the unpaid property taxes.

    It includes those trying to dodge the bright-line law by not paying tax when a property's flipped within five years.

    But OliverShaw Tax Advisors director Mike Shaw says a lot of people are caught by the law - without even knowing it.

    He says they've come across many situations where a family have bought a second home with the intention of moving into it, but then their situation changes.

    © 2020 Newstalk ZB, NZCity


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