Australia

Details

  • Service: Tax, R&D Incentives
  • Industry: Real Estate & Construction
  • Type: Regulatory update
  • Date: 31/10/2011

Increased R&D tax benefits for real estate and construction 

The R&D Tax Incentive program is now in place for income years starting on or after 1 July 2011. The R&D changes impact many real estate and construction companies, and now is the time to evaluate any impacts or opportunities.
Key insights

  • The base R&D tax benefit has increased to 10 cents for companies with over $20 million turnover and 15 cents for companies with less than $20 million turnover.
  • Potential R&D activities include: development of new or improved construction methods, technological innovations or process improvements, green building initiatives, development of new or improved materials, IT projects.
 

Real Estate & Construction

KPMG’s Real Estate & Construction practice offers audit, tax and advisory services for a diverse client base in the property and construction sectors.

R&D Incentives

KPMG's R&D Incentives professionals can assist organisations to take advantage of the R&D and innovation benefits they are eligible to receive.
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