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

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 […]

May 2026 Federal Budget Update: Significant future changes proposed to R&D Tax Incentive

Leading up to the May 2026 Federal Budget there were reports of modest changes likely to be made to the R&D Tax Incentive (mainly around increases to expenditure thresholds) however there was not expected to be any major reforms announced […]