14th Oct, 2019
Short-process rulings - We can now apply for short process rulings. Moving on from cheques - IRD will no longer accept cheques from 1 March 2020. Enrolling for the Research and Development tax incentive - This is available from the 2019/20 income year, features a 15% tax credit on up to $120 million of eligible expenditure. Use of Money interest rates (UOMI) - From 29 August 2019, the Use of Money Interest (UOMI) rates on underpayments and overpayments of tax changed.