June, 2012

Application Form for R&D Tax Incentive 2012 is now available

June 27th, 2012

From 1 July 2012 companies can begin to claim under the new R&D Tax Incentive.  The R&D Tax Application Form is now available on the AusIndustry website. The new legislation contains some significant changes, which any company intending to claim R&D for the 2011 tax year should be aware of.  The new legislation provides the following incentives for companies: 45% refundable tax credit where turnover is below $20m (150% deduction) 40% non refundable tax credit where turnover is above $20m […]

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