Research and Development Tax Incentive (RDTI): Supporting Innovation in New Zealand
Innovation drives long‑term business growth, and the New Zealand Government supports this through the Research and Development Tax Incentive (RDTI). The RDTI reduces the financial risk of innovation by providing a 15% tax credit on eligible R&D expenditure, capped at $120 million per year. What is the RDTI? The RDTI applies to qualifying research and…