Source: New Zealand Inland Revenue Department – Press Release/Statement:
Headline: R&D Tax Incentive deadline for certain notifications extended
An Order in Council has been made which extends the date by which a business enrolled in the R&D Tax Incentive with a general approval of their activities covering multiple years must notify Inland Revenue that there have been no material changes for their business for the 2021–22 income year. This notification is required to continue to be eligible for the tax credit.
The Tax Administration (Extension of Notification Deadline for Research and Development Tax Credits) Order 2022 extends the deadline for these notifications to 30 April 2023.
The Order came into force on 1 September 2022.
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