Registering for the research and development tax incentive
Before claiming research and development tax credits, you'll need to first register for the research and development tax incentive. Then, unless you elect to be a significant performer, you must obtain general approval for your R&D activities before claiming tax credits.
You can register for the research and development tax incentive (RDTI) in myIR. You'll only need to do this once. You will not have to register for the RDTI every year.
Once registered, you'll be able to:
- apply for general approval
- elect to be a significant performer
- file a supplementary return.
Research and development (R&D) tax incentive due dates
To help customers manage the impacts of COVID-19, the Commissioner of Inland Revenue has extended the due dates for some of the application years.
Callaghan Innovation can support you with your general approval applications if you’re new to the R&D tax incentive. Request support on the R&D tax incentive website.