What It Means for Your Next Glasshouse Project: The New Zealand Government’s 2025 Budget included a significant update that could benefit growers looking to invest in new infrastructure: the Investment Boost scheme.

This initiative is designed to stimulate business growth by providing a 20% tax deduction on the cost of new assets in the year of purchase. It’s a welcome development for growers planning to build or expand glasshouse operations.

How the Investment Boost Works

Here’s a quick example of what this means in practice:

• Let’s say you invest $1 million in a new glasshouse.
• Under the Investment Boost, you can claim $200,000 as a tax-deductible expense in the year of purchase.
• The remaining $800,000 of the asset’s cost is still eligible for standard depreciation, giving you continued tax benefits over time.

This structure provides immediate financial relief while supporting long-term asset management.

Who Can Benefit?

While the scheme is designed for businesses acquiring new assets, eligibility can vary depending on the type of asset and timing. It’s important to:

• Consult your accountant to confirm how this applies to your business
• Check the official guidance on the Inland Revenue website for detailed criteria

A Boost for Controlled Environment Agriculture

We’re already hearing strong interest from growers who see this as a chance to move forward with projects they’ve been considering. This initiative could help drive much-needed investment across the protected cropping sector—especially in high-value assets like glasshouses.

At Apex Greenhouses, we believe this policy can play a role in helping you bring your next project to life—faster and more affordably.

Want to talk through your plans?
Contact us to explore how we can support your next glasshouse project