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Jenee Tibshraeny: NZ Herald Wellington business editor on the groups who will lose out on extra tax cuts

Jenee Tibshraeny: NZ Herald Wellington business editor on the groups who will lose out on extra tax cuts

Heather du Plessis-Allan Drive · Newstalk ZB

March 20, 20242m 1s

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Show Notes

Everybody's looking forward to extra tax cuts- but some people will have to take a hit to pay for them.

The Government has confirmed new changes to the income tax system are coming from April 1, and commercial and industrial building owners are uniquely affected for the worse.

NZ Herald Wellington business editor explains why they won't be able to deduct depreciation as an expense under these rules.

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Topics

businessmoneypoliticstaxes