Te tono i te whakahekenga tāke mō te ngaromanga rangahau me te whakawhanake Apply for the research and development loss tax credit

If you have not registered for the research and development tax loss credit, then you will need to before you apply.

Register for research and development loss tax credits

You will need to describe the type of R&D your company is doing. 

You will need to complete three sections: 

1. Key details

Provide the project name, contact details and confirm the tax year the R&D claim is for.

2. R&D activity

Provide information about the R&D activity you're doing and if it's eligible for the purposes of the tax loss credit.

3. R&D expenditure

You must spend 20% or more of your total labour expenditure on R&D.

You will need to provide a breakdown of the total labour expenditure and R&D labour expenditure.

R&D expenditure is incurred on R&D related goods and services. Certain expenditure is excluded.

Eligible expenditure

The R&D loss tax credit application is available in myIR under your Income tax account.

Select 'More' on your Income tax account, then 'Apply for an R&D loss tax credit'.

The myIR account owner, or a lined tax agent, can access the R&D application.

You still have to record all losses your company had for the year, including the losses you’re claiming the R&D tax loss credit for.

File a Companies income tax return IR4