31/07/2025
The Government's new Investment Boost is designed to encourage businesses to invest in the assets they need to grow.
From May 2025, you can deduct 20% of the cost of any new eligible asset from your taxable income in the year of purchase on top of standard depreciation.
What does that mean for you?
• If you're considering new shelving or racking, the Investment Boost could reduce your upfront tax burden.
• The 20% deduction applies to new depreciable assets, which include most commercial storage systems.
• You still benefit from normal depreciation over time, but now there's an additional saving in year one, helping to improve cash flow.
For example, a $50,000 investment in pallet racking could give you an immediate $10,000 tax deduction this year.
This incentive is particularly useful if you're planning a warehouse fit-out, upgrading your retail shelving, or simply need an additional shelf or two.
Get the right advice first.
Tax rules can be complex, so it's worth talking to your accountant or financial advisor about how this could work for your business.
If you're already considering a shelving or storage upgrade, now might be the right time to explore options.
