Ara First ITP To Gain IRD's 'Approved Researcher Provider' Status
Monday, 14 December 2020, 2:58 pm The New Zealand IRD has recently confirmed that Ara Institute of Canterbury Ltd has been granted ‘approved researcher provider’ status. This makes Ara the first ever ITP/Te Pūkenga subsidiary to have attained this. The country’s recently-enacted Research and Development Tax Incentive law incentivizes businesses to undertake R&D by making the process considerably more affordable. The Incentive means that they are able to obtain a 15% tax refund on their expenditure when they work with an approved research provider. This is especially beneficial for bus...
Source: scoop.co.nz