New Zealand Inland Revenue has issued Tax Information Bulletin - August 2022, including statutory variations in relation to COVID-19 that provide certain extensions in relation to the R&D tax credit. These are summarized as follows:
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COV 22/18: Variation in relation to s 70C of the Tax Administration Act 1994 to extend deadline for filing statements in relation to R&D loss tax credits
For a statement in relation to R&D loss tax credits and R&D repayment tax for the 202…