The Research and Development (R&D) Tax Incentive encourages companies of all sizes and sectors to invest in R&D. It is the government’s key mechanism to stimulate innovation.
Legislation behind the tax incentive is scheduled to sunset on 1 April 2022:
- Industry Research and Development Decision-making Principles (Decision-making Principles)
- Industry Research and Development Regulations (Regulations).
Our department is reviewing the legislation and proposing to remake it with amendments.
We are seeking your input to help improve the clarity of the legislation.
Learn more and have your say on our Consultation hub.
Submissions are open until 9 September 2021.
Read more
- Read more about the Research and Development Tax Incentive
Contact us
- Email R&DTaxPolicy@industry.gov.au