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Monthly Archives: October 2019

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Are you eligible for the R&D Tax Incentive?

TaxBy BDS Hughes31 October 2019Leave a comment

This 2019-20 income year, the government introduced a new research and development (R&D) Tax Incentive that businesses can apply for. The government aims to encourage innovative businesses and a more productive economy by raising R&D expenditure to 2% of New Zealand’s Gross Domestic Product (GDP) by 2027. The scheme offers a credit rate of 15%…

Early access to KiwiSaver now available for those with life-shortening conditions

SuperBy BDS Hughes21 October 2019Leave a comment

At the end of July this year, KiwiSaver announced that savings accessibility will be changed for people with shortened life expectancies due to congenital health conditions. Under previous rules, savings could not be accessed before the age of 65, however people with life-shortening congenital conditions can have a life-expectancy below this age. As a result,…

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