Research and development tax incentive

The R&D tax incentive encourages companies to engage in R&D benefiting Australia, by providing a tax offset for eligible R&D activities. It has two core components:

  • a refundable tax offset for certain eligible entities whose aggregated turnover is less than $20 million
  • a non-refundable tax offset for all other eligible entities.

The Research and development (R&D) Tax Incentive replaced the R&D Tax Concession from 1 July 2011, and applies differently from the concession.

R&D claims for income years starting before 1 July 2011 may be eligible for the R&D tax concession.

Use the links to find out more about the R & D tax incentive:

See also:

Last modified: 01 Mar 2016QC 24589