Tax breaks for research and development would be streamlined and new streams introduced to target more innovative businesses under sweeping reforms proposed by a landmark review of Australia’s R&D...
The Robyn Denholm-chaired Strategic Examination of R&D (SERD) has been circulated among government MPs and senators and will be released “well ahead” of the May federal Budget. Industry and...
Only a tiny fraction of the 14,000 claims for innovation tax incentives last year were fully audited, the Senate heard on Wednesday, amid concerns about rorting and “pathetic” penalties....
Gambling and Tobacco firms will no longer be able to claim generous innovation tax breaks and could be stripped of claims made this year under proposed amendments to tax...
Australia’s national academy of engineers and scientists has broadly endorsed the blueprint laid out by the Strategic Examination of Research and Development (SERD), but has also urged government to...
Six companies each claimed more than $100 million through Australia’s research and development tax incentive in the 2022-23 financial year, with new claims totaling $1.2 billion. Newly released Tax...
Australian venture capital legend Bill Ferris has urged government – and the Strategic Examination of R&D – to address “intergenerational inequities” as a supporting framework for building national missions...
Startups and SMEs would be treated differently to large enterprises under changes to the R&D Tax Incentive proposed through the Strategic Examination of Research and Development. Tax breaks would...
Tax breaks for companies undertaking research and development would be simplified and reworked to “encourage scale” under changes being contemplated to jump-start Australia’s R&D system. The panel leading the...
The university sector’s peak body will on Wednesday push for new tax breaks for companies that partner with universities on research and development, even if it means reducing the...