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Australian Companies Increasing Project Investment Based on More Favorable R&D Tax Environment
The Government’s R&D Tax Incentive budget announcement on 6 October 2020 largely backed away from previously proposed and widely condemned retrospective cuts to the programme, and contained some additional R&D Tax benefits not previously anticipated, which are to apply from […]
Monadelphous Successfully Challenges R&D Tax Dispute Following Conclusion of Internal Review
One of the most high profile R&D Tax disputes has been that of engineering contractor Monadelphous. In August 2019 Monadelphous recognised a $7 Million provision relating to repayment of R&D Claims for the FY15 and FY16 periods. The provision indicated […]
Australian Companies Increasing Project Investment Based on More Favorable R&D Tax Environment
The Government’s R&D Tax Incentive budget announcement on 6 October 2020 largely backed away from previously proposed and widely condemned retrospective cuts to the programme, and contained some additional R&D Tax benefits not previously anticipated, which are to apply from […]
Monadelphous Successfully Challenges R&D Tax Dispute Following Conclusion of Internal Review
One of the most high profile R&D Tax disputes has been that of engineering contractor Monadelphous. In August 2019 Monadelphous recognised a $7 Million provision relating to repayment of R&D Claims for the FY15 and FY16 periods. The provision indicated […]