Free Call: 1800 792 676
General Information
Small Business Ombudsman completes review of R&D Tax Incentive administration processes
December 12th, 2019In recent months it was reported that the Australian Small Business and Family Enterprise Ombudsman had been conducting a review of the administration of the R&D Tax Incentive’s administration. The report has now been completed and is available here. Some key recommendations by the Ombudsman’s report include the following: “Where compliance examinations/audits are necessary, they should take place as close as possible to the first year of registration of a project. Statutory examinations by AusIndustry should not be retrospective beyond […]
Reintroduction of legislation to reform R&D Tax Incentive
December 5th, 2019The federal government has today reintroduced legislation to reform the R&D Tax Incentive (Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019) which is detailed here. The previous bill attempting to reform the R&D Tax Incentive did not pass through the Senate, and a Senate Economics Legislation Committee recommended that the bill should be deferred from consideration until further analysis of the bill’s impact is undertaken, particularly with respect to concerns around the proposed intensity threshold and refundable offset […]
StartupAUS Crossroads report calls for broadening of R&D Tax Incentive to more clearly support software
December 5th, 2019StartupAUS, Australia’s national startup advocacy group has today released its latest reports including a series of recommendations to enhance the local eco-system for fast-growing companies. Included among the recommendations are calls to allow the R&D Tax Incentive to be more easily applied to companies conducting software development activities. Some key quotes from the report are as follows: “Since its introduction in 2011 the RDTI has been a key reason for startups to employ Australians to undertake R&D, and a major […]
Atlassian co-founder Scott Farquhar calls for stability to R&D Tax Incentive
November 28th, 2019Speaking recently at the BESydney Global Ambassador Program annual gala dinner, Atlassian co-founder Scott Farquhar has called on the government to retain support for start-ups through initiatives such as the R&D Tax Incentive. Scott Farquhar emphasised that if governments were to ensure that Australians are creators of technology and not just consumers of inventions made elsewhere, then an appropriate environment must be in place to nurture start-ups and transitional businesses. Atlassian is listed on the NASDAQ and has been one […]
Categories
- ATO Guidance and Materials
- AusIndustry Guidance and Materials
- Case Law
- For Accountants
- General Information
- Government Policy and Treasury
- Industry Specific Issues
- Interpretative Decisions
- Legislation and Parliamentary Matters
- R&D Tax Credit
- R&D Tax Funding Strategies
- R&D Tax Loans
- Tax Determinations
Archives
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- September 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- May 2013
- April 2013
- March 2013
- September 2012
- August 2012
- June 2012
Quick Contact
News & Research
News & Research
News & ResearchSmall Business Ombudsman completes review of R&D Tax Incentive administration processes
In recent months it was reported that the Australian Small Business and Family Enterprise Ombudsman had been conducting a review of the administration of the R&D Tax Incentive’s administration. The report has now been completed and is available here. Some […]
Reintroduction of legislation to reform R&D Tax Incentive
The federal government has today reintroduced legislation to reform the R&D Tax Incentive (Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019) which is detailed here. The previous bill attempting to reform the R&D Tax Incentive did not pass […]
