The Australian Taxation Office (ATO) has issued a release providing high-level guidance on claiming the R&D tax incentive.
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Claiming the R&D tax incentive this tax time
Consider these key points about the R&D tax incentive before you lodge your company tax return this year.
If you engage in research and development (R&D) activities and are eligible for the R&D tax incentive, you must lodge an R&D tax incentive schedule when you lodge your company tax return.…