2f3ded9f_l___Tax_Policy__Inland_Revenue__Area_affected
[Level of risk] Low – Housing New Zealand Corporation advises that it is very rare for people with assets to apply for state housing, although isolated cases exist. [Agency] Housing New Zealand Corporation (HNZC) HNZC could change the definition of assets in current legislation to include gifted assets. A legal opinion on whether this is possible would be required. Alternatively, an additional eligibility requirement for state housing could be added (so that no person who has gifted assets in excess of a certain limit within a defined period is able to access state housing). This would require Cabinet approval. [Recommendation] An additional eligibility requirement for state housing is HNZC’s preferred option to address housing allocation as this would require Cabinet approval rather than legislative change. [Area affected] 
Access to state housing
Gift duty repeal | Tax Policy, Inland Revenue
Area affected