ngakonui grass Posted February 4, 2023 Share Posted February 4, 2023 I read that in Hamilton they have shelved out $20M for 20 3 bedroom units and 5 2 bedroom units.A drop in the ocean compared to how many they need. Probably house 120 people plus which is no where near what is needed. Does anybody know approx what the GST content of that $20m would be or the gst content of a $800k house.? Quote Link to comment Share on other sites More sharing options...
Honest john Posted February 6, 2023 Share Posted February 6, 2023 On 2/5/2023 at 11:35 AM, ngakonui grass said: I read that in Hamilton they have shelved out $20M for 20 3 bedroom units and 5 2 bedroom units.A drop in the ocean compared to how many they need. Probably house 120 people plus which is no where near what is needed. Does anybody know approx what the GST content of that $20m would be or the gst content of a $800k house.? I believe that outfit had a riot last night at a rolleston facility. Nothing new there. These losers cost this country far too much. Hj Quote Link to comment Share on other sites More sharing options...
Bloke Posted February 7, 2023 Share Posted February 7, 2023 On 2/5/2023 at 11:35 AM, ngakonui grass said: I read that in Hamilton they have shelved out $20M for 20 3 bedroom units and 5 2 bedroom units.A drop in the ocean compared to how many they need. Probably house 120 people plus which is no where near what is needed. Does anybody know approx what the GST content of that $20m would be or the gst content of a $800k house.? It does not matter what the GST content is because they would claim that back as a rebate. Your mob when in power they were selling off state houses because crooked Bill English was demanding a $500m per annum dividend to the Government from the then Housing Corp so to achieve this they had to sell Sate houses. 1 Quote Link to comment Share on other sites More sharing options...
pete Posted February 7, 2023 Share Posted February 7, 2023 12 hours ago, Bloke said: It does not matter what the GST content is because they would claim that back as a rebate. Your mob when in power they were selling off state houses because crooked Bill English was demanding a $500m per annum dividend to the Government from the then Housing Corp so to achieve this they had to sell Sate houses. Take your blinkers off mate. Quote Link to comment Share on other sites More sharing options...
ngakonui grass Posted February 7, 2023 Author Share Posted February 7, 2023 12 hours ago, Bloke said: It does not matter what the GST content is because they would claim that back as a rebate. Your mob when in power they were selling off state houses because crooked Bill English was demanding a $500m per annum dividend to the Government from the then Housing Corp so to achieve this they had to sell Sate houses. my question was more to do with if the Govt built these houses with a crown entity then there would be no GST so probably a lot cheaper. Quote Link to comment Share on other sites More sharing options...
ngakonui grass Posted February 8, 2023 Author Share Posted February 8, 2023 Just found out that in 2020 local and govt taxes made up 21% of a new build. Quote Link to comment Share on other sites More sharing options...
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