The current R&D Tax Incentive was only introduced for the 2012 income year. At the time, there was bipartisan support for a more generous program and it is disappointing that so soon after its introduction, the Government has sought to reduce its support.
- R&D tax incentive cuts and reductions or consolidation of grant funding.
- Examples highlighting the impact of these changes over the next 3 years.
- Future changes to the R&D funding landscape.