The frustrating complexity of the new R&D tax scheme

The incoming R&D tax credits scheme makes government research and development incentives available to a much wider range of Kiwi businesses. But there are caveats to be aware of, reports Jihee Junn.  You don’t need to know a whole lot about business to understand the value of R&D. It’s what keeps businesses competitive, sustainable and … Read more

Why half-baked R&D changes are a finger in the eye to startups and software

The government is proposing to reshape research and development incentives, with MBIE proposing to phase out the Callaghan Growth Grants and replace them with R&D tax credits. Nathan Torkington has some concerns. As the FAQ says, there are differences in the definition of eligible expenditure between the Growth Grant and the proposed R&D tax incentive (for instance, overseas expenditure … Read more

The Bulletin: NZ’s land in a bad way

Good morning, and welcome to The Bulletin. In today’s edition: New Zealand’s land is in bad shape, medicinal cannabis submitters warned, and a symbolic day for Pike River families.  New Zealand is losing 192 million tonnes of soil every year, according to a new environmental report. Radio NZ reports a bit under half of that soil loss is … Read more