Australian National Audit Office Report Recommendations from Review of R&D Tax Incentive’s Administration

The Australian National Audit Office (ANAO)’s purpose is to support accountability and transparency in the Australian Government sector through independent reporting to the Parliament, and thereby contribute to improved public sector performance. Changes to the R&D Tax Incentive administration announced by […]

New AAT case affirms structure where business operating as a trust and notionally invoicing R&D costs to associate company is NOT valid

An AAT Case in November 2021 (XQDX v FC of T)  has affirmed that a structure where a business operating as a trust and notionally invoicing R&D costs to associate company is NOT valid for the purposes of the R&D […]