The New Zealand Tech Alliance is a group of independent technology associations from across New Zealand that work together to ensure a strong voice for technology.
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Submission on Research and Development Tax Credit Legislation
Submission to the Finance and Expenditure Select Committee on the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill.
Although supportive of the research and development (R&D) tax incentive, NZTech’s concerns include the cessation of the current growth scheme and potential compliance burden of the application process on smaller firms. NZTech also requests further discussion on the definition of software development to avoid barriers for small software firms.
Submission prepared by NZTech.