The government’s planned changes to the research and development tax incentive are “unsalvageable”, and more is needed to be done instead to ensure that IP developed in Australia remains...
Tax
Posted on
| by James Riley
The controversial proposed changes to the R&D tax incentive will be applied retrospectively for the 2019-20 financial year if the legislation is eventually passed by Parliament later this year,...
Posted on
| by James Riley
The government did not undertake any consultation on its planned $1.8 billion cut to the R&D tax incentive, with the reintroduction of the significant changes taking major stakeholders by...
Posted on
| by James Riley
A public hearing into the federal government’s controversial changes to the research and development tax incentive is set to be held next week, after the inquiry was delayed by...
Posted on
| by James Riley
The government’s planned cuts to research and development will hamper Australia’s economic recovery from the COVID-19 pandemic, while tax incentives for R&D should be paid out early, Labor leader...
Posted on
| by Denham Sadler
Australia needs a “visionary plan” to double the size and output of the local tech sector in the wake of the COVID-19 pandemic, the Australian Investment Council says The...
Posted on
| by James Riley
At a time when it seems the whole world needs a bridging loan to get through to the other side of the COVID-19 crisis, a new tech sector lobby...
Posted on
| by James Riley
There are “glaring omissions” in the federal government’s controversial planned changes to the research and development tax incentives and software development needs to be included in the legislation, according...
Posted on
| by James Riley
The senate committee tasked with scrutinising the federal government’s controversial changes to the research and development tax incentive has been given a five-month extension amid the ongoing COVID-19 pandemic....
Posted on
| by Denham Sadler
The hundreds of millions of dollars in savings from planned cuts to the research and development tax incentive should be reinvested in direct support for Australian innovation, according to...
Posted on
| by Denham Sadler
Startups and tech firms will not miss out on government’s $189 billion stimulus package to combat the growing economic crisis, with a range of targeted new initiatives on offer....
Posted on
| by James Riley
The federal government’s “ill-informed” reforms to the research and development tax incentive will damage Australia’s burgeoning life sciences sector at a time when it is at the forefront of...
Posted on
| by James Riley
A government plan to apply its highly contentious changes to the R&D tax incentive retrospectively is “simply unfair” and “opportunistic” and will damage early-stage companies, a Senate committee has...
Posted on
| by James Riley
The government’s controversial changes to the research and development tax incentive would cut the benefit nearly in half for a number of local tech companies, leading some to consider...