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Robyn Walker: 'Gobsmacked' by Government's investment boost commitment

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Newstalk ZB ,
Publish Date
Fri, 23 May 2025, 6:41pm

Robyn Walker: 'Gobsmacked' by Government's investment boost commitment

Author
Newstalk ZB ,
Publish Date
Fri, 23 May 2025, 6:41pm

Finance Minister Nicola Willis has hit go on commercial building developments, oil and gas exploration, dam builders and more.

In a new investment boost programme, businesses can now deduct twenty percent off the cost of a new asset.

There’s no cap on how much the asset can cost.

Deloitte Tax Partner Robyn Walker talks to Heather du Plessis-Allan about the new scheme.

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