May, 2026

Significant concerns over announcement in May 2026 to limit Refundable R&D Tax Offset to firms operating less than 10 years

May 18th, 2026

Swanson Reed’s initial analysis of the R&D announcements in May 2026 are summarised here. After we considered these proposed changes in greater detail, we are particularly alarmed about a proposed change announced in the Budget to the R&D Tax Incentive that we feel has not been communicated well nor understood by those whom it may impact… We fear the announced proposal to limit access to the Refundable R&D Tax Offset to firms operating less than ten years will be determined based on an […]

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R&D Tax policy discussion from the strategic examination – March 2026

March 26th, 2026

Watch this video for an insightful summary of the latest R&D Tax Incentive Industry Update, produced in March 2026: R&D Tax policy discussion from the strategic examination. Where relevant, the content of this video may have been based on guidance publications released by AusIndustry and the ATO. Additional guidance material on the R&D Tax Incentive is often progressively published by the programme regulators on their respective websites: ATO AusIndustry   Please get in touch with our office if you require assistance, […]

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Exclusion of gambling and tobacco activities under the R&D Tax Incentive – March 2026

March 26th, 2026

Watch this video for an insightful summary of the latest R&D Tax Incentive Industry Update, produced in March 2026: Exclusion of gambling and tobacco activities under the R&D Tax Incentive. Where relevant, the content of this video may have been based on guidance publications released by AusIndustry and the ATO. Additional guidance material on the R&D Tax Incentive is often progressively published by the programme regulators on their respective websites: ATO AusIndustry   Please get in touch with our office if […]

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Comments on February 2026 Senate Economics Legislation Committee discussion on R&D Tax Incentive

February 13th, 2026

As reported in the media this week, the Senate Economics Legislation Committee discussed the administration of the R&D Tax Incentive. Swanson Reed has reviewed the discussion in detail. It involved interactions between three people, whose comments are summarised and paraphrased below: Greens Senator Barbara Pocock: Had queries around how many reviews are conducted each year; Queried whether staff conducting reviews include personnel with Science and Engineering qualifications; Asked for details of fines or penalties for incorrect claims, and indicated concerns that possible penalties […]

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