Business Council renews calls for increase to R&D Tax Incentive Expenditure Cap

The initial cap on eligible expenditure under the R&D Tax incentive was originally introduced around 2015 and set at $100 million. The R&D Tax Incentive (Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 then introduced adjustments to the intensity threshold […]

December 2024 MYEFO Announces Exclusion for Gambling and Tobacco Companies under the R&D Tax Incentive

The 2024‑25 Mid‑Year Economic and Fiscal Outlook (MYEFO) was released by the Government on 18 December 2024.   In what is a new approach to Australian Government R&D Tax Policy changes, a restriction is being applied to specific sectors. The […]