Depreciation Rates table

Question from Romi Patel updated on 13th December 2006:

I understand that depreciation rates for things such as internal partitions, wiring, plumbing etc, have changed recently. Where can I find a table of the new rates?

Our expert responded:

Yes, you are quite correct in that the rates have changed. This link will take you to the IRD website where they have a tool called the Depreciation Rate Finder: The IRD have not yet updated their booklet on depreciation and this is the best place to get the most up to date rates.

Kenina Court is a director of Acorn Solutions Limited, an accounting firm dedicated to working with clients to help them create wealth. She is an avid property investor, entrepreneur and seminar presenter on asset protection and wealth strategies.


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