AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the administration...
Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1% Benefit $85,000...
Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D Intensity 10%...
Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million x 43.5% = $435,000) LESS ...
Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million x 43.5% = $435,000) Benefit...