UC is recognised by Inland Revenue | Te Tari Taake as an approved research provider
The recent Research and Development Tax Incentive law makes it easier for qualifying businesses (most businesses) to obtain a 15% tax refund on their research and development (R&D) expenditure per annum.
Working with UC is especially favourable for businesses that spend less than $50,000 per annum on R&D because, to benefit from the incentive, you must work with an approved research provider. UC is committed to making your tax claim as straightforward as possible by clearly identifying your R&D expenditure when invoicing.
To find out more about working with UC on R&D projects please email: commercial@canterbury.ac.nz