Tax

KPMG takes aim at ‘risky and administratively burdensome’ RDTI


Trish Everingham
Contributor

Consulting giant KPMG says Australia’s biggest innovation incentive is too complex and outdated, with its administrative burdens acting as a handbrake on the strategic industries policy makers want to thrive.

In a submission to the federal government’s Strategic Examination of Research and Development (SERD), senior KPMG staff have called for an “objective and transparent review” of the Research and Development Tax Incentive (RDTI) as part of a tighter innovation policy …

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