Economy - Industry Subsidies
Not set out on their website.
Boost spending on research and development; monitor the effects of changes to the tax treatment of R&D, and work to improve the intellectual property performance of New Zealand firms Leverage current sectoral strategies in the creative industries, ICT, and biotechnology by boosting their value as inputs across the economy Increase investment in skills development and industry training, while ensuring that the post-compulsory education sector meets Government priorities
Implement tax abatement and concession policies including a 20% tax rate on 'new export' net income Introduce an accelerated depreciation regime for specified industries and selected approved investments so as to assist business development Provide tax incentives for research and development Develop a range of tax incentives for business activities which add value, create employment, provide export growth and/or new technology development
Develop, in consultation with business, a tax-free 'holiday' for new businesses