Tag: research and development tax incentive

New R&D tax ruling ‘unwinds 40 years of convention’

Posted on   |  by Denham Sadler
A new ruling allowing the tax office to assess the eligibility of activities under the research and development tax incentive (RDTI) has “muddied the waters” of the scheme and...

Software dominates RDTI claims

Posted on   |  by Joseph Brookes
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...

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...

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...

Govt has another go at outsourcing RDTI compliance

Posted on   |  by Denham Sadler
The federal government is having another go at outsourcing key elements of the research and development tax incentive, despite an audit finding its first attempt proved in many cases...

Business spending on R&D has flatlined in Australia

Posted on   |  by James Riley
Total spending by Australian business on research and development remains at 2012 levels, despite small increases in each of the past three financial years. A new Australian Bureau of Statistics...