Research and Development Tax Incentive
Overview
A tax offset program that provides financial support to eligible corporations conducting research and development activities in Australia. Companies can claim tax offsets based on eligible R&D expenditure, with different benefit rates depending on company size and expenditure levels.
Eligibility Requirements
Eligible entities must be corporations incorporated under Australian law or foreign law (with specific residency/permanent establishment requirements). Must conduct at least one core R&D activity per year and have eligible R&D expenditure of at least $20,000. Individuals, trusts (except public trading trusts), and exempt entities are not eligible.
Who Can Apply
Relevant Industries
How to Apply
Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.
Visit the official application page