New Zealand Investment Boost Tax Deduction

Summary:

Investment Boost is a new tax deduction for NZ businesses. From 22 May 2025, businesses can 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

Is there a plan on road map to roll out NZ localization to cater for requirements around Investment Boost? It would be most useful.

The base from which standard depreciation is calculated is reduced by the amount of the Investment Boost deduction. In the year that you purchase the asset you can claim:▪ 20% of the cost of the asset, plus ▪ the amount of the usual depreciation deduction that would otherwise apply but calculated as if the cost of the asset were reduced by 20%.