Trustee tax rate & interest deductibility confirmed, but commercial buildings depreciation to go
This week, clarity about the application of the 3…
March 15, 202417m 46s
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Show Notes
This week, clarity about the application of the 39% trustee rate and the timeline restoring interest deductibility for residential investment.
Inland Revenue does not consider removal of commercial buildings depreciation "to be a fair and efficient way of raising revenue".
New 12% online Gaming Duty still leaves $500 million gap in the Government’s tax package.