Inland Revenue - Tax policy Tax Policy

News and information about the Government's tax policy work programme, including:
- proposed changes to the laws that Inland Revenue is responsible for
- updates on the progress of bills through Parliament
- policy announcements

R&D tax incentive draft guidance material

The Taxation (Research and Development Tax Credits) Bill is being considered by Parliament’s Finance and Expenditure Committee. This Bill proposes a new tax incentive for businesses conducting research and development.

Inland Revenue has released draft guidance, based on the Bill as introduced, to explain the eligibility criteria and what businesses need to do.

Officials are seeking feedback on the draft guidance material before it is finalised.

Visit the online forum to view and comment on the draft information. You can also send feedback by email to

As the Bill is still before Parliament, this material is subject to change. Following enactment, the final guidance material will be published on Inland Revenue's website.

Comments closed on 31 March 2019.