In the Federal Budget handed down on 12 May 2026, The Government proposed major structural changes to the R&D Tax Incentive (RDTI) proposed to commence on 1 July 2028. Proposed reforms announced in May 2026 include: Increasing the offset for experimental ‘core’ R&D by around 25 to 50 per cent and removing eligibility for expenditure that only supports R&D. The intensity threshold will reduce from 2 per cent to 1.5 per cent, providing higher offsets to firms undertaking substantial core R&D. […]
Reforms to the policy and administration of the R&D Tax Incentive (R&DTI) program were within Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 which led to the requirement to publish details of claimant data. The most recent release of claimant data (for the 2023-24 period) was published 23 September 2026 and reports: The name of the R&D entity claiming the R&D Tax Incentive; Their ABN/ACN; The entity’s total expenditure on R&D (known as total notional deductions claimed – label […]
The ATO have announced that on 28 October 2026, they will be conducting a forum that will allow attendees to hear directly from ATO representatives about The R&D Tax Incentive. The session will cover: an introduction to the R&DTI program updates the role of tax agents in maintaining the integrity of the R&DTI how to make claims with confidence and avoid common mistakes. Registration information for the session is available here. Please get in touch with our office if you require assistance, would like to speak […]
In the Federal Budget handed down on 12 May 2026, The Government proposed major structural changes to the R&D Tax Incentive (RDTI) proposed to commence on 1 July 2028. Proposed reforms announced in May 2026 include: Increasing the offset for experimental ‘core’ R&D by around 25 to 50 per cent and removing eligibility for expenditure that only supports R&D. The intensity threshold will reduce from 2 per cent to 1.5 per cent, providing higher offsets to firms undertaking substantial core R&D. […]