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MJA Updates

The First Draft Determination on Board powers to determine R&D eligibility has been released and it is good news for the R&D Tax Incentive

January 24, 2022 Ian Ross-Gowan

As part of the largest overhaul of the R&D Tax Incentive (RDTI) since its introduction in 2011, the Industry Innovation and Science Australia Board (the Board) was recently given the ability to provide improved advice on when activities are (or are not) eligible R&D activities. The 2020/21 Budget enabled the Board to provide Determinations on how its powers and responsibilities…

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