New Zealand has published the Taxation (Budget Measures) Act 2025 in the Official Gazette, which received royalty assent (was enacted) on 29 May 2025. The Act contains the Budget 2025 measures proposed earlier in the Taxation (Budget Measures) Bill (No 2), including the "Investment Boost", a tax incentive for businesses to invest in productive assets like machinery, tools, and equipment. With the Investment Boost, businesses can deduct 20% of a new asset's value from that year's taxable inc…