Tag: Kate Carnell

Another review of the R&D tax scheme

Posted on   |  by Denham Sadler
The government has launched another review of the research and development tax incentive, this time looking at improving “customer experience” and the controversial compliance activities. The department is now...

‘Golden opportunity’ for RegTech: Carnell

Posted on   |  by Denham Sadler
There is a “golden opportunity” for RegTech to help Australia’s economic recovery and a new panel needs to be established to help SMEs access government contracts, according to Small...

JobKeeper ‘failed’ early-stage tech firms

Posted on   |  by Denham Sadler
The government’s JobKeeper wage subsidy scheme has “failed” early-stage pre-revenue tech companies, with more support needed following the September cut-off, a Parliamentary inquiry has heard. The Select Committee on...

One third of firms to amend RDTI claims

Posted on   |  by Denham Sadler
Up to a third of all companies accessing the R&D tax incentive may have some of their claim clawed back, with the government still planning to introduce retrospective changes...

‘Dubious data’ underpins $100m SME fund

Posted on   |  by Denham Sadler
The government is planning to inject $100 million of taxpayer money into a business growth fund in “complete blindness” using “dubious data”, according to Centre Alliance senator Rex Patrick....

Kate Carnell lashes R&D tax scheme

Posted on   |  by James Riley
Australia’s small business ombudsman Kate Carnell has lashed the administration of the research and development incentive, handing down a report that labels the scheme untimely, inconsistent and having had...

Andrews mulls R&D tax changes

Posted on   |  by James Riley
Industry Minister Karen Andrews will seek improvements to the administration of the R&D tax incentive (RDTI) within AusIndustry to give companies greater certainty about the claims they make under...

ATO clawbacks on R&D tax reviewed

Posted on   |  by James Riley
Small business ombudsman Kate Carnell has launched an investigation of the Australian Tax Office enforcement of the R&D Tax Incentive, and in particular the reported clawback of $200 million...

Kate Carnell on small business

Posted on   |  by James Riley
Government’s tendency to think of small business as little big business is just plain wrong, according to Kate Carnell. And when it comes to innovation the problem is particularly...