Tag: RDTI

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Research

Software dominates RDTI claims

Nearly half of the registrations for research and development tax breaks in Australia are now for software, but the government will persist without a specialised scheme for the sector...

Scaleup funding gap in Australia to hit $53b by 2030

Posted on   |  by Justin Hendry
The gap between scaleup funding available in Australia compared to funding available to comparable firms in the US could reach $53 billion by 2030 without more government and international investment...

Victoria’s new $15m R&D grants scheme opens

Posted on   |  by Justin Hendry
Victoria’s new R&D grants scheme has opened for expressions of interest, allowing local businesses to apply for up to $2 million in matched funding for projects that build capability...

Biggest RDTI spend this financial year: Industry dept

Posted on   |  by Brandon How
The Research and Development Tax Incentive scheme is estimated to reach its highest total value this financial year, according to new data from the Department of Industry, Science and...

RDTI claims return to pre-pandemic levels

Posted on   |  by Brandon How
The value of claims through the research and development tax incentive (RDTI) scheme’s non-refundable tax offset is estimated to return to pre-pandemic levels this financial year. The non-refundable tax...

Govt repeatedly rejected RDTI software working group

Posted on   |  by Denham Sadler
A software-specific working group for the research and development tax incentive would have avoided the recent challenges the scheme has faced, but was repeatedly rejected by the federal government...

R&D Tax guidance for software ‘grossly inadequate’

Posted on   |  by Denham Sadler
The sole case study featured in the federal government’s guidance for software claims under the research and development tax incentive contains a number of errors and would likely not...

Board of Taxation rejects separate software RDTI scheme

Posted on   |  by Denham Sadler
The Board of Taxation has recommended business as usual for the administration of the research and development tax incentive and rejected the concept of a separate scheme just for...