Tag: research and development tax incentive

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...

R&D tax incentive stabilises as audits become ‘balanced’

Posted on   |  by Denham Sadler
There is finally some stability around the research and development tax incentive, with long-mooted reforms implemented and audits becoming more balanced, according to an expert advisor on the scheme....

Porter ‘open minded’ on software R&D tax

Posted on   |  by James Riley
Industry minister Christian Porter says he is open-minded about a separate R&D Tax Incentive scheme for software but will not consider the issue until a Senate committee reports in...

RDTI admin has ‘strong bias’ against software

Posted on   |  by Denham Sadler
The administrator of the federal government’s research and development tax incentive has a “strong bias” against software claims and takes an “aggressive and adversarial” approach to companies accessing the...

Govt launches new RDTI digital platform

Posted on   |  by Denham Sadler
All Australian companies will soon have to use the government’s digital identity service to access the research and development tax incentive following the launch of a new digital platform...

Govt consults on updated RDTI software guidelines

Posted on   |  by Denham Sadler
The Industry department has opened consultations on updated guidelines for software claims under the research and development tax incentive, after the federal government opted not to introduce a new...

A patent box scheme and an RDTI review

Posted on   |  by Denham Sadler
A limited patent box scheme will be launched by the federal government, offering tax breaks for medical and biotech innovations in an effort to boost commercialisation and retain IP...

Senate committee calls for quarterly RDTI payments

Posted on   |  by Denham Sadler
A government-led Senate committee has called for the research and development tax incentive to be paid quarterly, and for a new standalone scheme for software-related claims to be considered....