22/07/2026
🚀 A major milestone for innovation in New Zealand
The Research and Development Tax Incentive (RDTI) has now supported $10 billion of business investment in research and development.
The RDTI is a joint venture between MBIE and Inland Revenue. It helps businesses develop new ideas, products and technologies by providing a 15% tax credit on eligible research and development costs.
This support helps businesses grow, create skilled jobs, and stay competitive.
When businesses invest in innovation, the benefits extend beyond individual companies. It helps build a stronger economy for all New Zealanders.
Find out more about RDTI at www.rdti.govt.nz