Mar 24, 2023 | Taxation, Research & Development
As a reminder, if your income year ended 30 June 2022, the deadline to submit your Research and Development Tax Incentive (R&DTI) application for the 2021/22 income year is Tuesday, 2 May 2023. Note that this has been extended from the usual deadline of 30 April...
May 30, 2022 | Corporate Insolvency, Research & Development
A recent New South Wales Supreme Court decision in Re Spitfire Corporation Limited (in liquidation) [2022] NSWSC 340 has provided clarity with respect to the characterisation of Research and Development (“R&D”) refunds and how they are to be applied in...
Jul 21, 2021 | Research & Development
Is it time to review your innovation strategy? New R&D tax incentive changes are likely to boost confidence among businesses to make greater commitments to their innovation activities. The changes include new thresholds and a new way to apply. There are three key...