Start-up founders get tax help; thin-cap regime review

Start-up founders get tax help; thin-cap regime review
Thursday's Budget will be the second from Finance Minister Nicola Willis (Image: NZME)
Pattrick Smellie
The Government will loosen thin capitalisation rules that may discourage foreign investment in New Zealand infrastructure and improve the way tax is payable by start-ups, where tax often falls on profits that are not yet showing up as cash dividends.Finance Minister Nicola Willis announced the two Budget 2025 changes, whose impact is measured at $75 million over four years, or $18.75m on an annualised basis.That is a drop in the bucket of the annual projected tax take for the year to June 30 of $120.3 billion, making it unlikely that today&rsqu...

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