DIRECTORATE: PRIVATE SECTOR RESEARCH AND DEVELOPMENT TAX INCENTIVE PROMOTIONS

DESCRIPTION

The Directorate: Private Sector Research and Development Tax Incentive Promotions forms part of the Chief Directorate: Science and Technology Investments of Programme 5: Socio-economic Innovation Partnerships.

The purpose of the Directorate is to introduce and manage interventions and incentive programmes that increase the level of private-sector investment in research, development and innovation.

KEY INITIATIVES

Administration of the Research and Development Tax Incentive Programme under section 11D of the Income Tax Act, 1962 (Act No. 58 of 1962), with the purpose of stimulating innovation through scientific and technological research and development in South Africa. The legislation can be found at www.sars.gov.za or www.treasury.gov.za.

CONTACT PERSON

Mr. Strini Perumal

Deputy Director: Private Sector Research and Development Promotions

012 843 6829

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FURTHER READING

Research and development Tax Incentive Programme

www.dst.gov.za/r-d