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Month: July 2021

4 Ways the R&D Tax Incentive benefits Businesses

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The importance of robust research and development cannot be understated as it underpins the enduring competitive edge of businesses in an increasingly globalised market. It is, therefore, in the best interests of the government to assist the business sector in pursuing R&D projects that may carry a lot of financial risk, but stand to benefit …

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What is the R&D Tax Incentive?

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The Federal Government recognises that in order for the Australian economy to achieve long term growth and remain competitive globally, Australian businesses must be motivated to develop innovative products and services that add significant economic value. To help foster this innovation, the government offers the Research and Development (R&D) Tax Incentive to assist businesses in …

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