Claiming Investment Boost

Investment Boost allows businesses to 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.

Businesses can claim Investment Boost in their income tax return for the year they buy a new business asset.

Record the Investment Boost amount the same as depreciation and include it in your Financial statements summary - IR10, or financial accounts.

For example, if you buy a new asset for $10,000 on 23 May 2025, include the Investment Boost amount of $2,000 (20%) as depreciation in Box 52 on your Financial statements summary - IR10.

New assets - Investment Boost