Policy

In this final “Budget Special” MJA Update, we look at the integrity measures that were announced last Tuesday night. The Government has acknowledged that the majority of taxpayers do the right thing but it...

In yesterday’s MJA Update, we focused on the announced changes to the Non-Refundable R&D Tax Offset based on an R&D Intensity measure. The market in the past 48 hours has indicated strongly that these...

All Budgets need to crack down on areas of concern to help pay for things like income tax cuts and the like. Reading last night’s Budget Papers, it seems like the three areas where the Federal Government...

The 2018 Budget has announced a series of changes to the R&D Tax Incentive that are intended to come into effect on 1 July 2018. In summary, the concern that some companies would be excluded from the...

Recent media reports suggest that next week's Federal Budget will introduce an intensity measure that will restrict access to the Non-Refundable R&D Tax Incentive to those company groups whose R&D...

The remarks of the Treasurer, Scott Morrison, about the R&D Tax Incentive (the Incentive) reported in today's Australian Financial Review have focused attention on the program's future after a long hiatus...

It has to be said that it’s been a tough couple of years for the R&D Tax Incentive (the Incentive). For what is meant to be available to the market as a planning tool, it’s taken a number of hits that...

The Review of the R&D Tax Incentive Report has just been released. The report has been co-authored by Mr Bill Ferris AC, Chair, Innovation Australia, Dr Alan Finkel AO, Chief Scientist and Mr John Fraser,...