Atlassian, CSL and Cochlear are the biggest users of Australia’s research and development tax incentive, with the software giant alone claiming more than $200 million of activity a year, according to new transparency data.
The other biggest users of the scheme, which offers a tax-offset for eligible R&D activities, include Australia’s gambling, supermarket and resources giants.
But promising startups like Gilmour Space Technologies, quantum spinouts Q-Ctrl and Quantum Brilliance, and local software firms like TechnologyOne and WiseTech also claimed millions of dollars in R&D expenditure.
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