New Zealand: Rental income taxes (%).
The tax levied on the average annual income on a rental apartment/property in the country.
In arriving at the pre-tax profit figure, we calculate, and deduct:
We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.
Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.
Source: Global Property Guide Research, Contributing Accounting Firms
New Zealand has a quarterly house price index,
available from the Reserve Bank of New Zealand. Monthly median house prices are published by the Real Estate Institute of New Zealand (REINZ),
which also publishes residential market news. Rental market data are freely available from the Massey University Real Estate Analysis Unit.
General economics statistics are from the Reserve Bank of New Zealand.
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