RSM Australia

R&D

Federal Budget implications for the R&D Tax Incentive

20 October 2020
The Australian Federal Budget was handed down on 6 October 2020, and outlined various economic stimulus measures with the intent to support Australia’s economic recovery through the COVID-19 pandemic and beyond.

Space: The final frontier for GST?

16 October 2020
The Technology and Innovation team at RSM share practical GST insights from within the developing Australian Space Industry. Goods and services tax (GST) in Space - is the supply of new and developing technology taxable?

R&D year end planning during an unprecedented time

15 June 2020
In what has been an unprecedented year so far around the world, business and life in Australia have never been more different.

R&D tax update | what you need to know in 2020

28 January 2020
30 April 2020 Deadline Approaching A general reminder for year-ended 30 June 2019 companies planning on accessing the R&D Tax Incentive program that you must lodge your R&D Application Form with AusIndustry within ten (10) months of the relevant financial year-end.

Proposed R&D tax changes don't stand up to Senate scrutiny

14 February 2019
The Senate’s Economics Legislation Committee report was tabled on Monday 11 February and in its collective wisdom, the committee has put on hold proposed changes to the research and development (R&D) tax incentive.

Are you missing out on tax incentives?

7 March 2018
If you’re the owner of a company that, unbeknown to you, conducts research and development (R&D) which could qualify for tax incentives – to the tune of 45 cents for every dollar spent – now’s the time to explore how much tax money you might be leaving on the table.

Software Based R&D Claims – Uncertainties From ‘Agile Development’

21 March 2017
Recent examples of ‘agile development’ from the R&D Tax Incentive administrator have brought uncertainty to the start-up sector. Taxpayers must be more vigilant than ever in how Software R&D claims are prepared. What Is the R&D Tax Incentive?