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.

LISTEN ABOVE.

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.