Plain meaning
A Budget 2025 investment-tax package intended to let businesses write off a larger share of new capital investment sooner.
Also called
super-deduction
Background
The measure was presented as part of Budget 2025 implementation legislation.
Key points
- The deduction is described as a set of enhanced tax incentives for new capital investment.
- Its purpose is to lower the after-tax cost of productivity-enhancing investment.
- The exact tax result depends on the enacted legislation and the type of property or investment involved.
Why it comes up
It is relevant to business investment, productivity policy, and capital-cost timing.