The R&D Tax Incentive (RDTI) helps a wide range of businesses to undertake more R&D, which in turn grows New Zealand’s knowledge economy.
The RDTI is a 15% tax credit on the money you invest in eligible research and development (R&D) in New Zealand.
There are criteria and processes to determine whether the R&D you do is eligible.
The 2019/2020 tax year sees the implementation of the first phase, with a more comprehensive system in place for 2020/2021.
Visit our R&D Tax Incentive hub at www.rdti.govt.nz for information about:
- An introduction to the RDTI
- Eligibility criteria:
- Record-keeping and preparing to claim
- How to enrol, claim and receive the RDTI
- Frequently asked questions
- Government’s billion-dollar commitment to the RDTI
Subscribe to join our R&D community for updates on RDTI developments and R&D news.
RDTI refundability for loss-making businesses:
If you’re in a tax loss position or don’t have enough income tax to pay to use all your R&D tax credits, you may be eligible for refundable R&D tax credits. If you’re eligible for refundability, you can receive R&D tax credit refunds up to a cap based on labour-related taxes. Further information can be found in the RDTI Refundability fact sheet on the RDTI Hub.
Updated: 22 December 2020