NEW GUIDANCE TO SUPPORT INVESTMENT IN RESEARCH AND DEVELOPMENT

The Morrison Government has strengthened its commitment to supporting companies to invest in research and development, releasing refreshed R&D Tax Incentive (R&DTI) guidance today. The guidance follows the Government’s investment of a further $2 billion into the incentive, which provides a tax offset to support Australian companies to undertake additional research and development activities. The…

MORRISON GOVERNMENT BETTER TARGETING THE RESEARCH AND DEVELOPMENT TAX INCENTIVE

The Morrison Government has today reintroduced legislation to better target the Research and Development Tax Incentive (R&DTI) and to ensure its ongoing sustainability. We are committed to backing R&D investment and the economic opportunities and jobs it generates. At the same time we need to make sure that taxpayers’ money is well targeted by encouraging…