Government releases R&D Tax Incentive registration requirements
Has your business got its beady eye on research and development? A publication by AusIndustry may be able to shed some light on the government’s new R&D Tax Incentive.
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The proposed Australian R&D tax reforms… Do they walk the talk?
Inconsistency is what most influences an organisation’s decision to invest in R&D and the extent of its R&D investment. This is because a company cannot budget and minimise risk if it does now know the extent to which it is likely to be eligible for a tax concession. The proposed reforms to the R&D tax concession not only conflict with their stated purpose but offer no consistency to organisations already engaged in the complex task of commercialising innovation… whether novel or risky.
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The proposed Australian R&D tax reforms… Do they walk the talk?
Inconsistency is what most influences an organisation’s decision to invest in R&D and the extent of its R&D investment. This is because a company cannot budget and minimise risk if it does now know the extent to which it is likely to be eligible for a tax concession. The proposed reforms to the R&D tax concession not only conflict with their stated purpose but offer no consistency to organisations already engaged in the complex task of commercialising innovation… whether novel or risky.
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Australian Innovation Policy… Where the bloody hell are you?
While most Australians will have enjoyed the wonderful economic prosperity that digging things out of the ground can bring (while there’s still a market in China) and enjoyed the fat of our land, grilled and shish-kebabed (when not exported to the Middle East), a minority – a rarely celebrated part of our ‘cultural mix’ – used the rare solace of a national public holiday to work on that thing often described as ‘innovation’.
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