New AusIndustry online R&D Tax Incentive portal

New AusIndustry online R&D Tax Incentive portal

Introduction AusIndustry is in the process of rolling out a new online R&D Tax Incentive portal which you will use to submit all FY2021 R&D Tax Incentive applications. This portal replaces the PDF smart form previously used. This portal is now live, and you...
What is a Hypothesis in the R&D Tax Incentive?

What is a Hypothesis in the R&D Tax Incentive?

What is the issue? Problems with many R&DTI applications start with the hypothesis used. It is difficult for many claimants to get this right. Many are vague and non-specific, making them impossible to prove in an experiment, making them eligible for the...
What is an R&D Tax Incentive experiment?

What is an R&D Tax Incentive experiment?

The scientific experiment in the R&D Tax Incentive What is an R&D Tax Incentive experiment? One significant reservation that potential applicants have with the R&D Tax Incentive is the need for the claimed R&D to be based on the principles of...
What is a Core Activity in R&D Tax Incentive?

What is a Core Activity in R&D Tax Incentive?

Core Activities What is a Core Activity in R&D Tax Incentive? R&D Tax Incentive applications to AusIndustry are written in terms of Core Activities and Supporting Activities. These two types of activities describe the actual technical work done in the claimed...
What is a technical gap in R&D Tax Incentive?

What is a technical gap in R&D Tax Incentive?

What is a technical gap in R&D Tax Incentive? So, you have looked into the R&D Tax Incentive enough to know that you are an eligible entity, so you are eligible to submit an R&D Tax Incentive claim. The next issue is what you can claim – which part of your...
R&D Tax Incentive changes in 2020/2021 Budget

R&D Tax Incentive changes in 2020/2021 Budget

Many would know that the Australian Government has been pursuing changes to the R&D Tax Incentive program, which were expected to save $1.8bn if implemented. These changes have been bogged down in a Senate committee review for some considerable time, with the...