All Funds
Research and Development Tax Incentive (RDTI)
This scheme is open for enquiries now.
This scheme supports businesses to undertake more R&D, and grow NZ’s knowledge economy, with a 15% tax credit.
The RDTI scheme is designed to drive business innovation and building a stronger, more productive economy.
By lowering the business cost of R&D it incentivises firms to do more, and encourages others to start. With the RDTI now in place, it allows a 15% tax credit on eligible expenditure.
Regions
Area Outside Region Auckland Canterbury Marlborough Bay of Plenty Gisborne Hawkes Bay Manawatu-Whanganui Nationwide Nelson Northland Otago Southland Taranaki Tasman Wellington Waikato West Coast
Criteria
Most types of New Zealand-based businesses are eligible to claim the RDTI, regardless of their legal structure. For example, an eligible entity may be structured as a company, partnership, joint venture (JV), trust or as a sole trader.
In order to be eligible to claim the RDTI, a business must meet all the below requirements:
- Have a core R&D activity in New Zealand,
- Have a New Zealand fixed establishment,
- Carry on business in New Zealand,
- Own the results of its R&D (or be able to use the results for no further cost).
The How-To guide explains these requirements in more detail.
