Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's plan to tax commercial property owners an extra $575 million
Heather du Plessis-Allan Drive · Newstalk ZB
May 1, 20243m 4s
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Show Notes
The Government plans to tax commercial property owners an extra $575 million a year in order to fund residential property and income tax cuts.
Finance Minister Nicola Willis is standing by her decision to remove ability for commercial and industrial owners to deduct depreciation as an expense going forward.
NZ Herald Wellington business editor Jenee Tibshraeny explains the impact of these changes.
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Topics
businessmoneyproperty