Tag: depreciation

Breakfast with the Prime Minister welcomes 450 members

The Property Council team was honoured to host Prime Minister Christopher Luxon, along with a sold-out crowd of 450 members at last week’s Breakfast with the Prime Minister, held at […]

Removal of commercial depreciation will hurt businesses and hamper productivity

Note: This article was published on 21 March 2024. The removal of commercial depreciation is now confirmed and implemented as of 1 April 2024. With the removal of commercial depreciation […]

The Impact of Depreciation

The infographic below shows the impact removing depreciation will have on commercial and industrial buildings and everyday Kiwi businesses. Thanks to Urban Economics for their research and Russell McVeagh for […]

Projects at risk of not progressing if depreciation is removed

MEMBER-ONLY CONTENT Removing depreciation for commercial and industrial buildings for tax purposes has far-reaching impacts on everyday Kiwi businesses – both small and large. In a recent survey of over […]