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MJA Updates

R&D Tax Incentive: Welcome to the Seven(ish) Year Itch Club

October 13, 2017 Kris Gale

The R&D Tax Incentive (the Incentive) launched in its present form in the middle of 2011. Since that time, Australia’s Business Expenditure on Research & Development (BERD) has been rising steadily, matched by a spectacular growth in the number of companies claiming the Incentive, whereby program participation has nearly doubled, driven by a high uptake in the Refundable R&D Tax…

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