New Tax Incentive Could Save You Thousands on Your Next Alpine Shed.

If you’re planning to build a new Alpine shed for your farm or contracting business, there’s a new tax incentive that could make the numbers work even better.

The Government’s new Investment Boost scheme offers a 20% upfront tax deduction for eligible business purchases of new assets. 

Contents:

• What is Investment Boost?
• What Does it Apply To?
• Other Important Things to Know:
•  Further Reading

What Is Investment Boost?

Investment Boost is a tax deduction designed to encourage business investment in new assets. It allows qualifying businesses to claim 20% of the asset’s cost as a tax deduction in the year it’s bought.

This can free up cash in the short term and support long-term growth by making it easier to invest in infrastructure such as storage buildings, workshops, and machinery sheds.

What Does It Apply To?  

It’s important to note that Investment Boost is only available for business purchases. 

To qualify:

• The asset must be new and unused in New Zealand.
• It must be used primarily for business activities.
• The deduction can only be claimed on the business-use portion if the shed has mixed use.

Example:

Let’s say your business purchases an Alpine shed and the total cost (kitset plus install) is $100,000:

• You can deduct $20,000 upfront in the same year under Investment Boost, resulting in a $5,600 reduction in your tax bill.

That can mean less tax in the year of purchase and better cash flow for your business. 

Other Important Things to Know:

• There’s no dollar cap—you can claim on multiple eligible purchases.
• The shed must be new, not second-hand or repurposed.

Conclusion: 

If you're building a new shed —whether it's for farming, machinery storage, or rural contracting—this deduction could help reduce the real cost of your investment.

To make the most of it, talk to your accountant. They'll help ensure your purchase is structured and documented correctly to qualify under the new rules.

At Alpine Buildings, we’re here to help with shed designs and advice to support your project plans.

Reach out to our team today to find the right solution for your next shed build.

Further Reading

• Official Beehive Announcement: https://www.beehive.govt.nz/release/investment-boost-tax-incentive-lift-growth
• IRD Technical Factsheet: https://taxpolicy.ird.govt.nz