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20 Apr 2024 14:11
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  •   Home > News > Business

    Tax relief for businesses still struggling post-earthquake has been  extended

    Tax relief for businesses still struggling post-earthquake has been extended



    Revenue Minister Stuart Nash has confirmed that the depreciation roll-over relief will stay for a further five years - until the end of the 2023-24 income year.

    Canterbury Employers Chamber of Commerce CEO Leeann Watson says many businesses are still experiencing problems outside of their control such as insurance pay-out delays and problems finding tenants.

    She says overall businesses have bounced back strongly and are doing well post-earthquake but those fighting these complex issues are still hurting.

    © 2024 Newstalk ZB, NZCity

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