Tag: R&D Tax Incentive

Tech funding needs new reforms: AIC

Posted on   |  by Denham Sadler
A series of FinTech-friendly reforms are needed to help Australia reach the next phase of tech investment, according to the Australian Investment Council. In a submission to the Select...

BioTech is hardest hit by R&D changes

Posted on   |  by James Riley
The Life Sciences industry in Australia will be hit disproportionately hard by proposed changes to the R&D Tax Incentive, putting smaller companies at risk and threatening the sector’s ability...

Labor ‘unconvinced’ by R&D tax changes

Posted on   |  by Denham Sadler
The Opposition has a voiced concerns with the government’s reintroduced legislation that shaves $1.8 billion from the research and development tax incentive, setting up a potential fight in Parliament...

Mixed reviews for ‘ludicrous’ R&D changes

Posted on   |  by Denham Sadler
The government’s plan to shave $1.8 billion from the Research and Development Tax Incentive is “ludicrous” and shows “very little thinking” has been done since its original plan was...

R&D tax changes back on the table

Posted on   |  by Denham Sadler
The federal government has put its changes to the research and development tax incentive (RDTI) back on the table, with plans to shave $1.8 billion from the scheme. Treasurer...

Avoiding the global tech backlash is key

Posted on   |  by Denham Sadler
Australian startups have been “collateral damage” in the global backlash against Big Tech, with some urgent reforms needed to support the sector, according to the Crossroads 2020 report. The...

Andrews mulls R&D tax changes

Posted on   |  by James Riley
Industry Minister Karen Andrews will seek improvements to the administration of the R&D tax incentive (RDTI) within AusIndustry to give companies greater certainty about the claims they make under...

ATO clawbacks on R&D tax reviewed

Posted on   |  by James Riley
Small business ombudsman Kate Carnell has launched an investigation of the Australian Tax Office enforcement of the R&D Tax Incentive, and in particular the reported clawback of $200 million...

Court ruling has big R&D impact

Posted on   |  by James Riley
A Federal Court decision has “major implications” for Australian tech companies making software claims under the research and development tax incentive, with the government’s recent narrow interpretation of eligible...