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NZ Property Depreciation Calculator

Estimate New Zealand depreciation deductions for commercial buildings, commercial fit-outs, and chattels using business use, rate, method, and Investment Boost assumptions.

Regional Rule Context

JurisdictionNew Zealand
CurrencyNZ$ (NZD)
Effective fromApr 1, 2025
Version1.0
Last reviewedApr 18, 2026
Next reviewOct 1, 2026
Source: Inland Revenue depreciationView

New Zealand Rates and Rules

IRD says the depreciation rate for non-residential buildings returned to 0% from the 2025 income year. Commercial fit-out and chattels may be depreciable using applicable IRD rates. Low-value asset threshold is NZ$1,000 from 17 March 2021 onward. Investment Boost can apply to eligible new assets from 22 May 2025.

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Result

Enter values above and click Calculate to see your result.

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Use the IRD rate finder or IR265 for exact asset rates. This is not tax advice and does not cover disposal recovery, private-use adjustments beyond the business-use percentage, or complex mixed-use property.

Disclaimer: This calculator uses publicly available rules effective as of Apr 1, 2025 (version 1.0). Results are for informational purposes only. Always verify with official sources or a qualified professional. Last reviewed: Apr 18, 2026.

Formula

Depreciation=C×r×m12×u\text{Depreciation} = C \times r \times \frac{m}{12} \times u

For chattels and fit-out, enter the IRD depreciation rate. For commercial buildings, the calculator uses 0% building depreciation from the 2025 income year. Investment Boost can add a 20% deduction for eligible new assets.

New Zealand FAQs

Can commercial buildings be depreciated?

For the 2025 income year onward, non-residential building depreciation is 0%.

Can commercial fit-out be depreciated?

Yes, commercial fit-out can be depreciable separately from the building.

Can chattels be depreciated?

Yes, if they are depreciable business assets. Use the IRD rate finder for the correct rate.

What is the low-value threshold?

From 17 March 2021 onward, assets costing less than NZ$1,000 may qualify for immediate deduction.

How can I put this NZ Property Depreciation Calculator on my blog or website?

Yes, the NZ Property Depreciation Calculator is fully embeddable. Tap "Embed" above to configure appearance and copy the code. It is free to use, works on any platform (HTML, WordPress, CMS), and adjusts to any screen size automatically. Visit calculory.com/services/embed-calculators for the complete guide.

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