Tag: RDTI

R&D tax interpretations are ‘ludicrous’

Posted on   |  by Denham Sadler
The “strict interpretation” of what constitutes an eligible activity under the Research and Development Tax Incentive restricting software claims is “ludicrous” and leading local tech companies to move offshore,...

Does innovation need a non-R&D focus?

Posted on   |  by Denham Sadler
The federal government needs to “rebalance” innovation policies to focus more on non-research and development activities, according to a new Innovation and Science Australia report. The report, which was...

RDTI changes to be reviewed. Again.

Posted on   |  by Denham Sadler
There will be another “comprehensive” inquiry into the government’s controversial changes to the research and development tax incentive, with the Opposition planning to “interrogate” the unintended consequences of the...

R&D tax set for Senate showdown

Posted on   |  by Denham Sadler
Government cuts to the research and development tax incentive (RDTI) are set for a Senate showdown next week and is expected to be referred back to the same committee...

BioTech is hardest hit by R&D changes

Posted on   |  by James Riley
The Life Sciences industry in Australia will be hit disproportionately hard by proposed changes to the R&D Tax Incentive, putting smaller companies at risk and threatening the sector’s ability...

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...

Labor ‘unconvinced’ by R&D tax changes

Posted on   |  by Denham Sadler
The Opposition has a voiced concerns with the government’s reintroduced legislation that shaves $1.8 billion from the research and development tax incentive, setting up a potential fight in Parliament...

Mixed reviews for ‘ludicrous’ R&D changes

Posted on   |  by Denham Sadler
The government’s plan to shave $1.8 billion from the Research and Development Tax Incentive is “ludicrous” and shows “very little thinking” has been done since its original plan was...

R&D tax changes back on the table

Posted on   |  by Denham Sadler
The federal government has put its changes to the research and development tax incentive (RDTI) back on the table, with plans to shave $1.8 billion from the scheme. Treasurer...