ATO’s First R&D Tax Incentive (R&D TI) Transparency Report

August 19th, 2024

The ATO have provided some additional details on their upcoming R&D Tax Incentive transparency reporting.
An ATO update circulated August 2024 notes:
  • We’ll publish our first annual Report of data about Research and Development tax incentive entities in late September 2024. It will contain specific data about R&D entities that claimed the incentive for the 2021–22 income year. By providing transparency of how much R&D entities are reporting in R&D expenditure, the aim of the report is to improve public accountability and voluntary compliance.

More information is available on the ATO website.

Please get in touch with our office if you require assistance, would like to speak to someone about a potential claim, or check out our website for more information.

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