Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Tax credits and other credits - Tax credits for expenditure on research and development

LH 14B: Recovery of overpaid tax credit

You could also call this:

“This rule about getting back overpaid tax credits no longer applies”

You should know that this part of the law about getting back overpaid tax credits has been removed. It used to be called ‘Recovery of overpaid tax credit’, but it’s not in use anymore. The government took it out of the rules on 24 February 2016. This change affects how taxes work from 1 April 2015 onwards.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2578972.

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Money and consumer rights > Taxes
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“This provision about tax credits for certain property depreciation no longer applies”

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LH 15: Listed research providers, or

“This provision about approved research organisations for tax credits was removed in 2009”

Part L Tax credits and other credits
Tax credits for expenditure on research and development

LH 14BRecovery of overpaid tax credit (Repealed)

    Notes
    • Section LH 14B: repealed (with effect on 1 April 2015 and applying for the 2015–16 and later income years), on , by section 202(1) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).