R&D Tax: Documenting Best Practice Claims
Documentation should be produced and maintained to assist with the initial claim and may have to be provided in the event of an audit or review.
Documentation should be produced and maintained to assist with the initial claim and may have to be provided in the event of an audit or review.
In alignment with its General Funding Strategy for the 2022–2025 period, the Australian Renewable Energy Agency (ARENA) has dedicated $50 million total to two funding rounds to support R&D for renewable hydrogen and low emissions iron and steel.
Since its first round in 2013, more than $70 million has been disbursed from the NSW Medical Devices Fund to support more than 40 technologies.
Providing up to $10 million each year for 4 years, the NSW Biosciences Fund (BioSF) is a competitive technology development and commercialisation grant program that provides individual grants of $200,000–$2 million.
Starting in December 2022, the NSW government is allocating $10 million yearly to its MVP Ventures Program for the next 4 years. Maximum grants in the program are $200,000—up from $25,000 under the previous MVP grant program.
The Digital Games Tax Offset (DGTO) legislation has been introduced to the House of Representatives. Swift passage through both houses of Parliament is expected so that developers in Australia can start growing the Australian digital gaming industry with the help of the 30% tax offset.
We will never share your details with any third-party.
Suite 63, 388 George St, Sydney NSW 2000
120 Spencer St Melbourne VIC 3000
310 Edward St Brisbane QLD 4000
1300 887 627
|