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Observed increase in compliance activity for R&D Tax Incentive Claims

September 8th, 2025

As indicated by the additional funding for compliance activities announced in recent federal budgets (and as widely anticipated by those in the industry), we have recently observed a modest increase in compliance activity by regulators of the R&D Tax Incentive.   The R&D Tax Incentive is dual administered by two government agencies: 1: The Department of Industry, Science, Energy and Resources (DISER) o   Whose role is to assess the eligibility of registered R&D Activities under the legislative criteria; and 2: The […]

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DroneShield Ltd has used Australia’s refundable R&D Tax Offset to become Australian Success Story

September 3rd, 2025

One of the best performing stocks on the ASX over the past few years has been Sydney based DroneShield Ltd which has seen the stock price rise from approximately $0.20 in September 2022 to $3.20 in September 2025. DroneShield Ltd has become a world-leading Australian developer of AI-powered counter-drone and electronic warfare solutions, and has recently announced a number of substantial contracts with international governments amid an environment of increased government expenditure on defence. In addition to its warfare solutions, […]

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Update on an alleged ‘false mining operation’ involving large claims for GST and R&D Tax Offset reviews

August 28th, 2025

In June 2025, The Australian posted an article about a private group alleged to have operated a ‘false mining operation’ that led to the generation of substantial refunds for GST and Refundable R&D Tax Offset credits. The Australian has this week has posted an update on proceedings that: Lawyers appearing for the ATO told the Federal Court recently that letters have been issued to the company taxpayers notifying them that winding up steps are being taken against them; The ATO have alleged there […]

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Changes to R&D Tax Incentive Reporting Requirements in Updated Version of the Registration Form

August 18th, 2025

Change in the R&D Tax Incentive prompts companies seeking to register activites to complete an annual R&D Tax Incentive registration form via the R&D Tax Incentive customer portal. On 15 August 2025, an updated version of the R&D Tax Incentive registration form was released. The new form was redesigned to: better sequence and align information fields within the form with the legislative requirements in the legislation; increase character count limits to allow the provision of additional information for key fields. […]

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Alex Chisholm
Principal, Melbourne
Tom Parkhouse
Principal, Sydney
Andy Nguyen
Principal, Brisbane
Holly Parkinson
Manager, Adelaide
David Greatwich
Principal, Perth
Krishna Gungaram
Manager, Hobart

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