What are Non Core R&D Tax Incentive Activities?

February 10th, 2016

Indeed, the research and development (R&D) tax incentive can cause confusion when determining what can and cannot be claimed. This is particularly the case for what activities actually qualify for the incentive (core activities), and which ones do not (non core).

In our latest blog, we described that core R&D activities are essentially the experimental undertakings conducted to generate new knowledge (The R&D Tax Incentive: Glossary of Frequently Used Terms). However, what exactly is considered non core R&D activities when pertaining to the R&D Tax Incentive?

In light of this, we’ve put together an infographic which indicates the activities that do not qualify for the R&D Tax Incentive below. Alternatively, you can download the PDF to print or save here: Examples of Non Core R&D Activities.

Non Core R&D Activities

Swanson Reed has a broad range of experience assisting a vast range of industries. Contact us today to learn more about the R&D Tax Incentive and what your tax savings could be!

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