Unlock 20% Immediate Tax Deduction on New Equipment—Here’s How
Budget 2025 Creates New Opportunities for Smarter Asset Investment
The Government’s new Investment Boost tax incentive is now live—and it’s a game-changer for businesses investing in equipment, vehicles, and capital improvements.
From 22 May 2025, eligible businesses can claim an immediate 20% tax deduction on the cost of new or new-to-New Zealand assets, plus continue depreciating the remaining value over time. That means faster write-offs, improved cash flow, and reduced tax liability in year one.
At BEFA, we’re here to help you act on this opportunity with tailored finance solutions that align with your operational goals and compliance needs. Whether you're upgrading machinery, expanding your fleet, or improving existing assets, we’ll structure funding that maximises your tax position—without compromising cash reserves.
What qualifies?
✅ New or new-to-NZ equipment, vehicles, and capital improvements
❌ Excludes second-hand NZ assets, land, trading stock, and residential buildings (some exceptions apply)
Why now?
This incentive rewards proactive investment. Acting before year-end could significantly enhance your FY25 tax position.
Let’s talk about how BEFA can support your next asset purchase—from funding to onboarding—while ensuring full regulatory alignment.