| Description | Information release for proposals to extend the refundability of the Research and Development Tax Incentive. The proposals were included in the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill, introduced into Parliament on 27 June 2019. | ||||
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| Date published | 12 July 2019 by the Ministry of Business, Innovation and Employment (the individual documents are available in MBIE's document library) | ||||
| Documents in this information release |
The Ministry of Business, Innovation and Employment released these documents on 12 July 2019: |
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| # | Date | Type | Title and description | Download * | |
| 1 | 14 May 2019 | Cabinet paper |
Extending refundability for the Research and Development Tax Incentive This paper seeks Cabinet approval to proposals to extend refundability of the Research and Development Tax Incentive. Reference: DEV-19-SUB-0119 |
PDF (473 KB; 11 pages) |
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| 2 | 22 May 2019 | Minute |
Extending refundability of the research and development tax incentive This minute records the decisions of the Cabinet Economic Development Committee regarding proposals to extend refundability of the Research and Development Tax Incentive. Reference: DEV-19-SUB-0119 |
PDF (411 KB; 3 pages) |
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| 3 | 10 May 2019 | Regulatory impact assessment |
Regulatory impact assessment: Research and development tax incentive - refundability This statement assesses the regulatory implications of the options for extending refundability of the Research and Development Tax Incentive. Note: This document is also available as part of the regulatory impact assessments for the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill, published in June 2019. Reference: DEV-19-MIN-0119 |
PDF (7 MB; 37 pages) |
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| 4 | 13 November 2018 | Briefing |
R&D Tax Incentive: Phase 2 This briefing sought agreement to progress work on proposals to extend refundability of the Research and Development Tax Incentive. Reference: MBIE 1560 18-19, IR2018/688 |
PDF (829 KB; 7 pages) |
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| 5 | 13 February 2019 | Policy report |
R&D Tax Credit: Phase 2 policy proposals This briefing sought agreement to commence stakeholder engagement on proposals to extend refundability of the Research and Development Tax Incentive. Reference: IR2019/005, MBIE 2296 18-19 |
PDF (703 KB; 16 pages) |
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| 6 | 11 April 2019 | Briefing |
Draft Cabinet paper: R&D Tax Incentive – Refundability This briefing provided a draft Cabinet paper on proposals to extend refundability of the Research and Development Tax Incentive. Reference: MBIE 3068 18-19, IR2019/159 |
PDF (641 KB; 16 pages) |
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| 7 | 2 May 2019 | Briefing |
R&D Tax Incentive: Ministerial meeting to discuss refundability This briefing provided information to support discussions on proposals to extend refundability of the Research and Development Tax Incentive. Reference: MBIE 3372 18-19, IR2019/233 Note: document #7 was added on 5 August 2019. |
PDF (1.4 MB; 8 pages) |
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| 8 | 17 May 2019 | Aide memoire |
Talking points for the DEV Cabinet paper: Extending refundability for the R&D Tax Incentive This aide memoire provided talking points for the Cabinet paper on proposals to extend refundability of the Research and Development Tax Incentive. Reference: MBIE 3482 18-19 |
PDF (463 KB; 8 pages) |
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| 9 | 27 June 2019 | Briefing |
R&D Tax Incentive – refundability and small innovative firms This briefing provided additional information on refundability and small innovative firms. Reference: MBIE 3584 18-19, IR2019/303 |
PDF (541 KB; 9 pages) |
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| * Individual documents will be downloaded from MBIE's website | |||||
| Additional information |
The Cabinet paper was considered by the Cabinet Economic Development Committee on 22 May 2019 and confirmed by Cabinet on 27 May 2019. This information release was added to the tax policy website on 31 July 2019. It was updated on 5 August 2019 to add document #7 (which was initially not available). The single PDF with all the documents is provided for convenience. |
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Cabinet paper DEV-19-SUB-0119: Extending refundability for the Research and Development Tax Incentive
Information release for proposals to extend the refundability of the Research and Development Tax Incentive. The proposals were included in the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill, introduced into Parliament on 27 June 2019.