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Opinion
Home / New Zealand

Will landlords be worse off after the 2010 Budget?

Opinion by
user-generated content
17 May, 2010 08:29 PMQuick Read

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Photo / Janna Dixon, Herald on Sunday

Photo / Janna Dixon, Herald on Sunday

Owners of commercial buildings and rental houses will no longer be able to claim depreciation on them.

The budget released today also removes a 20 per cent depreciation loading on new plant and equipment purchased after budget day.

The two depreciation measures were suggested in the Tax Working Group report
and the subject of speculation going into the budget.

Will landlords be worse off after the 2010 Budget? Here is the latest selection of Your Views:

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<i>Cartoon</i>: More bricks and mortar...

18 May 04:00 PM
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MPs to lose out if tax breaks on property cut

18 May 04:00 PM
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