The Australian Taxation Office (ATO) issued updated guidance on 21 May 2024 explaining the R&D tax incentive offset rates for an eligible entity.
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Rates of R&D tax incentive offset
Work out the R&D tax incentive offset rate for your eligible entity.
Last updated 21 May 2024
The research and development (R&D) tax incentive provides targeted tax offsets designed to encourage more companies to engage in R&D. The incentive has 2 core components. For income years star…