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

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.