New R&D tax ruling ‘unwinds 40 years of convention’

Denham Sadler
Senior Reporter

A new ruling allowing the tax office to assess the eligibility of activities under the research and development tax incentive (RDTI) has “muddied the waters” of the scheme and effectively “unwinds 40 years of convention”, according to MJ Associates partner Kris Gale.

The R&D tax incentive is the federal government’s most significant innovation lever and costs taxpayers more than $3 billion a year.

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1 Comment
  1. 3 weeks ago

    R&D is a mess, run by no expertise at all. Not in the ATO. Not in DISR.

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