New Zealand Inland Revenue has announced the publication of guidance on the R&D tax incentive following the enactment of the Taxation (Research and Development Tax Credits) Act 2019 on 7 May 2019 ({News-2019-05-16/A/4-previous coverage}). The guidance covers:

• Eligible activities, entities, and expenditure;
• Using, and becoming, an approved research provider;
• Claiming and receiving the tax …