The Government’s new Investment Boost makes upgrading your work vehicles smarter and more financially rewarding.
From 22 May 2025, businesses can claim an extra 20% tax deduction¹ on eligible new vehicles on top of standard depreciation giving your business real tax savings in the same year you buy.
What’s In It for Your Business?
• 20% extra tax deduction¹ in the year of purchase
• Improved cash flow and faster return on investment
• Applies to brand-new or new-to-New Zealand vehicles used for business
• Depreciation continues as usual on the remaining 80% of the asset’s value
Whether you’re eyeing the tough new Kia Tasman, the rugged Mitsubishi Triton, the efficient GWM Haval H6 Hybrid, the smart Suzuki Vitara Hybrid, or the premium Jaecoo J7 SHS, now is the time to invest in commercial-ready SUVs and UTEs that deliver serious value for your business.
Ready to Power Up Your Productivity?
Take advantage of this tax opportunity and get more for your money. Our team at West City Auto Group is here to help you select the perfect work vehicle and guide you through the benefits of the Investment Boost.
Act now! The road to smarter business investment starts here.
¹Always consult your accountant or tax advisor for specific eligibility. The Investment Boost applies to qualifying depreciable business assets available for use from 22 May 2025.
