Statute
Section Sch11 — Income Tax Act 2007: New banded rates of depreciation
Text of the provision Official document
Schedule 11 New banded rates of depreciation ss EE 27 , EE 28 Other assets (excluding fixed life intangible property, excluded depreciable property, and buildings) Buildings Column 1 Column 2 Column 3 Column 4 D.V. rate (%) Straight-line rate (%) D.V. rate (%) Straight-line rate (%) 100 100 0 0 67 67 0 0 50 40 0 0 40 30 0 0 30 21 0 0 25 17.5 0 0 20 13.5 0 0 16 10.5 13.5 8 13 8.5 11 6.5 10 7 8.5 5 8 6 6.5 4 6 4 4.5 3 4 3 3 2 2 1.5 1.3 1
Official source: legislation.govt.nz
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