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AusIndustry recently published four Specific Issue Guidance products concerned with the R&D Tax Incentive (the Incentive) and the overall message of the four documents is something we can all agree on. In...
The recent publication of Specific Issue Guidance and a summarised R&D Finding by AusIndustry has placed renewed focus on concerns about invalid claims being made in the agriculture sector. One...
AusIndustry has issued seven products to assist taxpayers and advisers in making claims under the R&D Tax Incentive. There are four Specific Issue Guidance products for: Agriculture - Getting farming...
At the joint AusIdustry/ATO R&D Tax Incentive Workshop conducted in Sydney this June, one of the risk areas associated with the R&D Tax Incentive (the Incentive) that was explored was the claiming of...
In our third and final blog entry on software R&D for now, we will look at the issues surrounding the capitalisation of software expenditure. Some businesses have different policies on when and...
R&D in software is no different from the R&D in engineering or product development because the R&D is comprised of the experiments that test the efficacy of the hypothesis. The R&D is made up...
Since the R&D Tax Concession (the Concession) began in 1985, the eligibility of software R&D has been the subject of continuous conjecture and debate so much so that many have likened making a...
Last week, we delineated the current risk issues associated with the R&D Tax Incentive (Incentive) as presented by AusIndustry and the ATO. Close to our heart were the concerns raised by the described...
As the dust cloud that was the recent Federal Election settles, we welcome Greg Hunt and Craig Laundy to the Industry, innovation and Science portfolio. One imagines that a high priority for the new team will...
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