Research & Development: Tax Incentives & Tax Loss Cash Out

Are you incurring R&D expenditure in your business?You may be able to access one or both of the R&D tax incentive regimes on offer under the New Zealand tax rules. Join this session if you would like to access the tax credits (which can be refunded) as there are some deadlines looming on 2 and 7 May 2024.

The seminar will provide an overview of the two R&D regimes (Research & Development Tax Loss Cash Out and Research & Development Tax Incentive) under the New Zealand Income Tax Act 2007, looking at:

• Entity eligibility requirements – different for each regime.
• Eligible R&D activities – also different for each regime.
• Calculation of the tax credit/tax loss cash out.
• Repayment scenarios under the R&D tax loss cash out regime.
• Filing requirements and deadlines.

Suited to:

Graduate to manager level in public practice (law and accounting) and those who want a better understanding of the two R&D regimes offered within the New Zealand tax legislation.