October 2024 - Michael Johnson Associates

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MJA Updates

Publishing RDTI Claims: Tales Of Transparency, Compliance & Bad Acting

October 10, 2024 Kris Gale

Last week, the ATO published its 2021/22 Report about the claiming R&D Tax Incentive (RDTI) entities and an accompanying Transparency Report. These reports were originally announced in the 2018/19 Budget. It needs to be noted that the reports excluded entities with substituted accounting periods that commenced before 1 July 2021.At the heart of the reports was a document in the…

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