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...
MJA Updates
Policy
The RDTI: Just Like The Other Thing, Let’s All Be In This Together
The unsurprising release of three ATO R&D Tax Incentive (RDTI) guidance products just three working days from Christmas means that eyebrows won’t be raised, nor eyes rolled. It just feels too much like...
The R&D Tax Incentive: Still To Cement A Legacy
Earlier this month, the Australian Government published an article on its business.gov.au website celebrating 10 years of the R&D Tax Incentive (RDTI), lauding the fact that more than 30,000 companies...
The R&D Tax Incentive – Welcome To The Second Chance Saloon
In one of those 'blink and you missed it' moments, the R&D Tax Incentive (RDTI) turned 10 years old earlier this week. This MJA Update has chronicled the tumultuous times associated with the program...
Newsflash! Software R&D Claims Are OK According To Government Guidance A Good News Story
If you have followed the R&D Tax Incentive (RDTI) in the past five years, you will not have been able to avoid the controversy surrounding the eligibility of software R&D. The issue has been as...
The R&D Tax Incentive and Software Development: A better fit than the alternatives.
Since the announcement in the October 2020 Budget that the R&D Tax Incentive (RDTI) cuts were not going through, the attention has turned to the thorny issue of the eligibility of software R&D. Many...
Federal Government Launches Round 2 of the Manufacturing Modernisation Fund
Immediately below is an important press release from the Federal Government regrading industry assistance. Applications for Round two of the Manufacturing Modernisation Fund (MMF) are now open. As the first...
R&D Tax Incentive – Now We Have Some Clear Air, Will It Be Smooth Sailing?
The recent passing of the Bill that preserved and, in some ways, extended the value of the R&D Tax Incentive (the RDTI) has been warmly received by the market.It follows the improved understanding of the...
R&D Tax Incentive & The 2020 Federal Budget: A Good News Story At Last Program To Be Strengthened In 2020/21; Proposed Cuts Abandoned
The thousands of companies that deliver Australian innovation have received a tremendous boost in tonight's Federal Budget.The current R&D Tax Incentive (RDTI) Bill, that sought to introduce $1.8...
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