Fixed Assets – Claim Investment Boost

IRD Investment Boost for New Assets

From 22 May 2025, businesses can claim an immediate deduction of 20% of the cost of eligible new assets under the IRD Investment Boost initiative. Depreciation is then claimed as normal on the remaining 80% of the asset's value.
Example
A computer is purchased for $2,500 in May 2026, and the Claim Investment Boost option is selected.
Investment Boost Calculation
Description                                       Amount
Purchase Cost                                   $2,500.00
20% Investment Boost Deduction     $500.00
Remaining Value for Depreciation    $2,000.00
 

The asset will be recorded at the purchase date with the 20% Investment Boost deduction applied, leaving a depreciable value of $2,000.

Asset Value Display

When the asset is created, the asset value shown will reflect the original purchase cost less the 20% Investment Boost deduction.

Depreciation Processing

If depreciation is processed for May and June 2026:
Run the report  Fixed Assets/Reports/Depreciation Schedule/Detail
•    The 20% Investment Boost deduction has been claimed immediately.
•    Standard depreciation is then calculated on the remaining 80% of the asset value.
•    Depreciation continues each month following the normal depreciation rules.
 

May 2026 Report
 

June 2026 Report

The reports will show:
•    The initial Investment Boost deduction.
•    Monthly depreciation calculated on the reduced asset value.
•    The asset's carrying value after depreciation has been applied.
•    Here is the GL for the purchase and depreciation.
 

Where Does the 20% Investment Boost Claim Go?

The Boost Deprecation Journal is processed to the same General Ledger accounts that the monthly Depreciation is processed against i.e.
-    the Depreciation Expense in the Profit & Loss section of the accounts
-    and the Accumulated Depreciation in the Fixed Assets section of the Balance Sheet.

Release Information

This functionality was introduced in Version V9.208 
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This enhancement ensures compliance with the IRD Investment Boost rules while continuing to calculate depreciation using the standard depreciation process.