Published on
05:32 GMT
26% jump in new vehicle sales pinned on Investment Boost, changes to All-of-Government contract
Investment Boost, introduced on May 22, means if a business buys a new (or new to New Zealand) vehicle, or other productive business asset, it can claim a tax deduction of 20% in the year of purchase. A vehicle is still depreciated over the same time …
Source:
The New Zealand Herald
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