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Tax breaks on R&D.

Authors :
Tremlett, Susan
Scott, Alan
Source :
NZ Business; May2008, Vol. 22 Issue 4, p22-23, 2p
Publication Year :
2008

Abstract

The article provides information on the new Research and Development (R&D) tax credit in New Zealand. Businesses must identify its eligible R&D activities including the creation of new or improved materials or services. The new R&D regime will be implemented from April 1, 2008, the start of the 2008-2009 income year. Through this R&D, businesses will be able to claim a tax credit of 15 percent of eligible expenditure.

Details

Language :
English
Volume :
22
Issue :
4
Database :
Complementary Index
Journal :
NZ Business
Publication Type :
Academic Journal
Accession number :
32508626