In practice, this means if you buy a second-hand vehicle that has been imported from overseas to New Zealand for the first time, you may claim a 20% immediate tax deduction on its cost under the Investment Boost scheme.
This represents a significant opportunity to optimise your vehicle investment while managing cash flow more effectively.
If you’d like to discuss how this could work for your business, or to explore vehicle options that meet the criteria, get in touch with our team
We’re here to help you make the most of your investment.