BSA Releases 3 Decisions
The Authority has upheld an accuracy complaint about a 1News report on the Government’s new Investment Boost scheme, finding the item overstated the tax savings available under the scheme. The complaint was about a statement ‘the Government's shiny new Investment Boost scheme allows businesses to claim back 20% off their tax bill when purchasing new assets’, in an item about Budget 2025. The reference to deductions being “20% off their ‘tax bill’”, rather than deducting 20% of a new asset’s value from a business’s ‘taxable income’, was materially inaccurate in the context, the BSA found.
This and other recent decisions can be seen here.