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Inland Revenue

Blood, research, sweat, development and tears...

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Blood, research, sweat, development and tears...

Research and development is a challenging stage for a newly created business to go through. The long hours and late nights can take a toll, while funding can be hard to come by. But the new R&D loss tax credit may be able to help.

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From garden shed tinkerers to software developers, Kiwis have always had the entrepreneurial flair, motivation and the creativity that can turn big ideas into great businesses. But as the business starts to grow, there are times when big ideas can suffer due to lack of funds. That's where the IRD can help.