Wednesday, 4 July 2012

R&D Tax Incentives for Australian Business

A new Financial Year is upon us so it's time to make yourself familiar with new Government initiatives and possible subsidies.

Did you know the ATO offers Research and Development tax incentives ?

The ATO website says: 

If you are engaged in research and development you might be eligible to claim a tax offset under the research and development tax incentive. The program is jointly administered by AusIndustry (on behalf of Innovation Australia) and the ATO and replaces the research and development tax concession.

For more information visit the ATO Website by clicking here.