How to apply for the R&D tax credit
Businesses are coming up to an April deadline to apply for tax credits on research and development activity in the previous financial year.
Businesses are coming up to an April deadline to apply for tax credits on research and development activity in the previous financial year.
The Coalition will scrap plans to revamp research and development tax concessions until the 2011/2012 financial year, but the Liberal party has indicated the system still requires a review.
Australia has become the most attractive nation for research and development investment because of a new Federal Government approach to tax credits, according to KPMG, despite controversy about the scheme earlier in the year among IT companies and industry.