Inland Revenue - Tax policy Tax Policy

News and information about the Government's tax policy work programme, including:
- proposed changes to the laws that Inland Revenue is responsible for
- updates on the progress of bills through Parliament
- policy announcements

Special report: Cash out of research and development tax losses

5 April 2016

The Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Mattters) Act 2016 introduces new rules that will allow start-up companies engaging in intensive research and development activities to cash out their tax losses for research and development expenditure. This special report provides early information about the new rules. Full coverage of the new Act will be published in the April edition of the Tax Information Bulletin.