Introduction to the R&D Tax Incentive (RDTI)
For “need to know” information about the RDTI, our introductory guide is a great starting point. It’s designed to develop your general understanding of the RDTI and to help you decide if the RDTI is right for you and your business.
Business Entity Eligibility
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. Find out more in our downloadable How-To guide.
R&D Activity Eligibility
To qualify for the RDTI, you must be undertaking a core R&D activity in New Zealand. This How-To guide will help you determine what is an eligible R&D core or supporting activity and how to identify those activities within your own project.
Eligible R&D Expenditure
To claim the RDTI you need to understand which items of expenditure qualify. You will also need to keep good records of the costs of your R&D. This How-To Guide will assist you in compiling and recording the data needed to submit your claim after the end of the income year.
Understanding the RDTI refundability rules
New RDTI refundability rules have been introduced as part of the COVID-19 response to help ease the financial burden on businesses that are performing R&D. The new rules encourage those businesses that can still undertake R&D to continue, by facilitating easier access to refundability.
Claim R&D performed by a contractor
You can claim amounts you spend on contractors who do R&D on your behalf if certain criteria are met. Contractors themselves are not generally eligible for the RDTI. This How-To Guide will help you determine if the work you are paying your contractor to do is eligible for the RDTI.
Keep good R&D records
Good records and well-structured processes will make claiming the RDTI a smooth process. Having your R&D and financial teams work together from the outset will mean you're more likely to have all the information you need - and documented in a way that helps support your RDTI claim.
Information for Project Grant recipients
While the R&D Tax Incentive (RDTI) may be claimed alongside some other R&D funding schemes, such as the Callaghan Innovation Project Grant, it cannot be claimed for the same expenditure or for co-funding required for the grant.