Innovation and Technology Funding instruments

R&D Tax Incentive

This incentive funds basic research, applied research, design & engineering, technology development and prototype

Objective This incentive was designed to encourage private-sector investment in scientific and technological research and development activities. It was introduced to help the country achieve a target for R&D expenditure of 1% of GDP.
Beneficiaries Private-sector investors conducting R&D, the results of which the taxpayer intends to use in the production of income.
Benefits Operating Expenditure, Up to 150% of qualifying expenditure incurred.
Implementing Agency The Department of Science & Technology



Ms Dimakatso Mokone
Tel: +27(0)12 843 6560 / +27(0)12 843 6829


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