Research and Development Tax Credit
The new R&D Tax Credit is expected to commence on 1 July 2011. The Bills to establish the R&D Tax Credit are currently before Parliament.
On 15 June 2011, the Government announced crossbench support for the new R&D Tax Credit with a new start date of 1 July 2011.
AusIndustry has produced an Update on the R&D Tax Credit to keep you informed of developments on the new program.