9 July 2025
New assets - Investment Boost
Investment Boost is a new tax deduction for businesses so organisations can now claim 20% of the cost of new assets as an expense, then claim depreciation as usual on the remaining 80%.
What you can claim for
Organisations can claim 20% deductions for the costs of new (or new to New Zealand) business assets that they bought - or finished constructing - on or after 22 May 2025.
To claim Investment Boost, the asset must be:
- new or new to New Zealand
- available for the business to use on or after 22 May 2025, and
- depreciable for tax purposes.
Find out more on the Inland Revenue website here: https://www.ird.govt.nz/investment-boost