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Ara First ITP To Gain IRD’s ‘Approved Researcher Provider’ Status

The country’s recently-enacted Research and Development Tax Incentive law incentivizes businesses to undertake R&D by making the process considerably more affordable. The Incentive means that they are able to obtain a 15% tax refund on their expenditure when they work with an approved research provider. This is especially beneficial for businesses that spend less than $50,000 per annum and that would tend to require the services of an R&D partner.