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Day: June 24, 2025

Commercial Property and Businesses Changes

Commercial Property and Businesses Changes

by admin
Insights Property Tax
June 24, 2025 0

If you’re investing in commercial property, keep your eyes peeled for further details about the new Investment Boost from Budget 2025. From 22 May 2025, for new commercial and industrial buildings (not residential), IRD says businesses can claim 20% of the cost of new assets as a tax deduction – provided they’re used or available…

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