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BUDGET 2013 loss-making start-ups to get R and D tax deduction boost

BUDGET 2013 loss-making start-ups to get R and D tax deduction boost

By Pattrick Smellie May 16 (BusinessDesk) - Loss-making start-up companies which invest heavily in research and development will be targeted for tax breaks under a scheme announcing a range of small concessions and new initiatives to more effectively tax foreign-owned companies...

16 May 2013
BUDGET 2013 ACC levy cuts to cancel out fiscal drag

BUDGET 2013 ACC levy cuts to cancel out fiscal drag

by Pattrick Smellie May 16 (BusinessDesk) - Accident Compensation Corp levies are projected to be cut progressively to give businesses savings of $1 billion a year by 2015/16, roughly cancelling out the impact of fiscal drag on the government's accounts. The Budget documents sh...

16 May 2013
BUDGET 2013 Meridian mega-float to fund rail, hospitals, schools, irrigation

BUDGET 2013 Meridian mega-float to fund rail, hospitals, schools, irrigation

May 16 (BusinessDesk) - The country's most valuable electricity company, Meridian Energy, will be partially privatised in the second of this year, assuming market conditions make it a good time to sell, Finance Minister Bill English announced in today's budget. The widely antici...

16 May 2013