Seminar Invitation: Pitfalls for SMEs in protecting and claiming incentives for new developments

Government’s First Comments on R&D Tax Incentive Since Election

The former (and likely to be ongoing) Minister for Industry, Science and Technology, Karen Andrews has been interviewed in today’s Australian Financial Review. This represented the Morrison government’s first comments on the R&D Tax Incentive since the coalition’s return to government. Ms Andrews made note that the widespread media reports of startup entities being subjected to adverse assessments during compliance reviews of their R&D Claims were not a result of technology companies being specifically targeted, and that “the R&D rules […]

Federal Election 2019 – Impact of Result on R&D Tax Incentive

Over the past six months, the R&D Tax Incentive became a discussion point and the major political parties have differed in their views. Labor sought to position themselves as prioritizing the R&D Tax Incentive over the coalition government, and had made specific policy announcements including: Criticising the programme’s cost reduction in the budget papers, and stating a Labor government would use the R&D Tax Incentive as a means of increasing Business Investment in R&D (BERD); A proposed introduction of a collaboration […]