Administered by: AusIndustry and the Australian Taxation Office
The R&D Tax Concession provides eligible companies (including exporters) with a tax concession for research and development (R&D) activities.
The concession is a broad-based, market-driven tax concession which allows companies to deduct up to 125 per cent of qualifying expenditure incurred on R&D activities when lodging their corporate tax return. A 175 per cent Incremental (Premium) Tax Concession and R&D Tax Offset are also available in certain circumstances.
Click here for more information on eligibility requirements and the application process.
For more information on AusIndustry’s assistance for Australian exporters, visit the AusIndustry website.
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