{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/23a2b9fbc16c4d88b5eb93e9936c4b6c\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/23a2b9fbc16c4d88b5eb93e9936c4b6c-32eb32e6e5f23d8e.gif","duration":418.662,"title":"Understanding the New 20% Investment Boost and Its Implications","description":"In this video, I explain the new 20% investment boost announced by the government, specifically for new assets first used in New Zealand from May 22nd onward. I use a vehicle as an example, showing how depreciation works and the tax implications of claiming the boost versus not claiming it. While the boost offers significant tax savings in the first year, it may not be as beneficial in subsequent years, potentially leading to higher tax liabilities when selling the asset. My advice is to avoid purchasing something solely for the investment boost; only buy if it’s something you genuinely need. If you have questions or want a copy of the example sheet, feel free to reach out via email."}