25/08/2026
If your business has recently invested in new assets, or you're planning to, it's worth knowing about Investment Boost.
Investment Boost allows eligible businesses to claim an upfront 20% tax deduction on the cost of qualifying new business assets, while continuing to claim depreciation on the remaining value. In simple terms, it brings forward part of the tax deduction, which can help reduce taxable income and improve cash flow when you're investing in your business.
For depreciable assets, Investment Boost generally applies to qualifying new assets that are first available for use on or after 22 May 2025.
It can apply to a range of assets, including machinery, equipment, work vehicles and other qualifying business assets, so it's worth checking whether your purchases qualify before filing your income tax return.
đ The key is making sure eligible assets are identified and treated correctly in your tax return. It's an opportunity that's easy to overlook if you're not aware of it.
If you're unsure whether your purchases qualify, or how Investment Boost applies to your business, we're happy to help. Give us a call today on 04 970 1182.