“Incidental and ancillary” in the Context of Overseas based R&D Activities
Advance finding for overseas activities Generally only R&D activities conducted in Australia will qualify for the R&D Tax Incentive. If...
R&D Activities – Text, Context and Purpose
Australian coal mining company Moreton Resources has won a Full Federal Court appeal over the R&D tax offset claims it...
Software Claims
The Regulators have issued additional software guidance, namely ‘Software activities in the R&D Tax Incentive’ and ‘Guide to common errors’...
Update from the State Reference Group
AusIndustry and the ATO recently convened and jointly hosted a State Reference Group (SRG) meeting. SRG forums provide a select...
Quarterly Payments Back on the Table
Cash flow. Cash flow, cash flow, cash flow. Two little words that can either make or break a business. Start-ups...
Entrepreneurs’ Infrastructure Programme – Part 1
The Entrepreneurs’ Infrastructure Programme was announced under the 2014-15 Commonwealth Budget, replacing previous programs such as Commercialisation Australia and the...
Entrepreneurs’ Infrastructure Programme – Part 2
Research Connections (commenced 1 September 2014) The objective of Research Connections, the second element of the Entrepreneurs’ Infrastructure Programme, is...
Entrepreneurs’ Infrastructure Programme – Part 3
3. Accelerating Commercialisation (commenced 1 November 2014) The third and final element of the Entrepreneurs Infrastructure Programme (EIP), Accelerating Commercialisation (AC),...
What Does Australia’s Performance in Innovation Look Like?
The Australia Innovation System Report is compiled annually by the Office of the Chief Economist and explores quantitative and qualitative...
Budget 2015: Any Love For Innovation?
The 2015 Budget sees no hugely significant changes to innovation funding. The flagship R&D Tax Incentive remained untouched, whilst funding for various...
Better Bottom Line at Tax Time?
With the financial year almost over and the budget offering incentives, many businesses will be talking to their accountants about...
What’s the Deal with Software Development as R&D?
The number of companies reportedly making R&D Tax Incentive claims in Information and Communication Technology (ICT) is second only to...