Budget 2025: Attracting investment
For Kiwi businesses, Investment Boost is a new tax incentive to encourage investment in assets to increase productivity. The incentive applies only to new assets and new-to-New Zealand assets, i.e.• New assets sourced in New Zealand.• New and second-hand assets sourced from overseas.Second-hand assets from overseas are eligible because these increase the capital stock, whereas […]
Looking to invest in R&D this year?
The Ministry of Business, Innovation & Employment has announced that businesses performing eligible research & development can access faster and more frequent payments of the R&D tax incentive this year. What is the R&D tax incentive? The scheme provides a 15% tax credit to businesses conducting ‘eligible’ R&D activities and has supported more than $1 […]
