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.

LISTEN ABOVE

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.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.