The government’s research and development tax incentive is “counterintuitive” to innovation because it fails to focus work into Australia’s areas of strength and provides support only after the work...
Tax
Posted on
| by Joseph Brookes
Greater scrutiny of historical tax behaviour of tech giants should be considered by governments when awarding IT contracts, according to corporate tax experts who argue giving the work to...
Posted on
| by Denham Sadler
The national audit office is scrutinising the government’s administration of the research and development tax incentive program and its readiness for a number of changes to take effect in...
Posted on
| by Denham Sadler
Some of Australia’s largest tech companies have written to the tax office requesting a “collaborative workshop” to improve how software claims are dealt with under the research and development...
Posted on
| by Denham Sadler
The upcoming federal budget is an opportunity to relaunch and reform the research and development tax incentive to “restore its profile as the keystone for supporting R&D and innovation”,...
Posted on
| by Denham Sadler
The government has still not moved to implement its planned reforms to employee share schemes more than two years after announcing them, as another inquiry into the scheme gathers...
Posted on
| by Denham Sadler
The federal government’s attempt to spin its “almighty backflip” on the research and development tax incentive as a $2 billion investment in the scheme is a “brazen misrepresentation of...
Posted on
| by Denham Sadler
Highly controversial reforms to the research and development tax incentive have been officially scrapped in a “huge win” for the tech sector, with the federal government backing down from...
Posted on
| by Denham Sadler
Prime Minister Scott Morrison has flagged that fresh changes to the government’s controversial plan to cut $1.8 billion from the research and development tax incentive will be included in...
Posted on
| by Denham Sadler
Australia risks losing its competitive advantage in clinical trials and seeing companies move operations elsewhere if government goes ahead with its planned changes to the research and development tax...
Posted on
| by Denham Sadler
The federal government is “selling out the next generation of Australians” with its planned cuts to the research and development tax incentive and should instead look towards more direct...
Posted on
| by Denham Sadler
A government-led Senate inquiry has called for changes to the research and development tax incentive, including more clarity on the eligibility of software claims and the introduction of restrictions...
Posted on
| by Stuart Kennedy
Australian software developers complain the R&D Tax Incentive is too risky and tricky to access for their style of innovation. But there may be a quick-fire method of ensuring...
Posted on
| by Liam Tung
Gilmour Space Technologies, the Australian rocket startup gunning for business from SpaceX and its Starlink satellite broadband constellation, will soon begin the search for more venture capital ahead of...