It has its detractors, but is the Government’s tax loss carry-back scheme helping struggling NZ business owners?
Are you running a business that is developing innovative products or processes? You may be eligible for substantial tax breaks through the RDTI.
Occasionally, tax claims made by small businesses extend into the fanciful, and that can land business owners in hot water with Inland Revenue.
Every so often (not nearly often enough) business are given a tax cut. What businesses do with this piece of good fortune could shape their futures.