Research and development tax incentive
The Government has announced its intention to introduce a research and development (R&D) tax incentive in 2019 to help more businesses undertake a greater amount of R&D.
The Ministry of Business, Innovation and Employment, Inland Revenue and Callaghan Innovation have designed an R&D tax incentive proposal and are seeking input into the design process.
A discussion document (available from MBIE's website) outlines the main features of the proposal and submissions closed on 1 June 2018.
Your views will inform policy options for the final design of the research and development tax incentive.