The Senate Economics Legislation Committee tabled its report on the legislation provisions surrounding the Research and Development Tax Incentive (the Incentive) yesterday after a four month inquiry. In its...
MJA Updates
Policy
AusIndustry has a new compliance process. How does it work in practice?
On 1 July 2018, AusIndustry announced that the R&D Tax Incentive compliance process has been streamlined to reduce the burden and improve the timeframes for companies chosen for examination. The stated...
The R&D Tax Incentive and 2019 – it’s High Time We All got Around the Table
The recent Senate Economics Legislation Committee (SELC) Enquiry into the proposed R&D Tax incentive (the Incentive) legislation not only highlighted the previously-reported flaws in the reform package....
Senate Inquiry Into The R&D Tax Bill Went Looking For Supporters Of The R&D Intensity Test. Guess What They Found?
Question: What do the following groups have in common? Universities Australia, Medicines Australia, Chemistry Australia, Northern Minerals, Australian Information Industry Association, Western Australian...
Latest R&D Tax Bill – When Being Transparent Is Being As Clear As Mud
On 18 October, the new R&D Tax Bill, Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018, was referred to the Senate Economics...
R&D Bill Referred To Senate Committee
Yesterday, the R&D tax Bill, Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018, was referred to the Senate Economics Legislation...
The R&D Bill Is Introduced To Parliament
Yesterday, on the last sitting day of parliament for this month, the R&D tax Bill was introduced in the Lower House. The Treasury Laws Amendment Bill (Making Sure Multinationals Pay Their Fair Share of...
A Call to Arms: A Matter Of YOU Asking The Right Questions About This Proposed Cut To Innovation Support
This MJA Update is an unusual one for us because we are asking you to consider what impact the Exposure Draft on the R&D Incentive changes could make to your business and we are asking you to make your...
R&D Tax Incentive Reform: Draft Legislation Released
The Treasurer Scott Morrison and the Minister for Jobs and Innovation Michaelia Cash have just released draft legislation to implement the changes to the R&D Tax Incentive announced as part of the 2018–19...
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