Thanks to the Government’s new 2025 Investment Boost, eligible businesses can claim a 20% increased tax deduction on new business assets – in addition to standard depreciation. Whether you’re upgrading your fleet or growing your operation, this boost could put thousands back in your pocket.
How it works:
- Purchase a qualifying new vehicle on or after 22 May 2025
- Claim 20% of the vehicle‘s value as a one-off deduction
- Continue claiming depreciation on the remaining 80%
- No forms or applications needed – your accountant includes it in your tax return
For businesses where vehicles are vital assets, this initiative is a smart way to reduce your tax bill while investing in high-performing, reliable equipment.
* Information on this page is for reference only. You should seek independent advice from your account or lawyer. For more information visit https://www.ird.govt.nz/income-tax/income-tax-for-businesses-and-organisations/types-of-business-expenses/new-assets—investment-boost
Winger Motors Fleet Solutions
Representing 17 globally trusted brands we offer a versatile lineup of vehicles designed for reliability, efficiency, and performance. Our network of Service, Parts & Accessories Centres along with our TyreLand Franchises provide a total fleet solution, dedicated to keeping your fleet running smoothly with expert care and support.
To enquire about our fleet offerings please contact our Fleet Department
Yana Nikitenko – Winger Motors Fleet Manager
021 555 313
