Upcoming R&D tax deadline
A reminder to Australian businesses with a 30 June year-end that the deadline for lodging your 2020-21 R&D Tax Incentive (RDTI) Application is fast-approaching.
Pain and gain in the collaboration journey
At Intellect Labs we’ve been fortunate to work on funding proposals for some exciting collaborative projects. When done right, these alliances between businesses and universities & research institutions (URIs) can drive innovation to solve real-world problems and rapidly fill gaps in the market.
Tax Incentives vs Grants
Tax Incentives vs Grants – A brief review of Government support for your investment in Innovation
The role of big business in an innovation economy
Public spending on the non-refundable stream of the R&D tax program has decreased significantly over the past 10 years. What explanations can be offered for this decrease and is it something we should worry about?
R&D Tax Facts – October 2022
Our R&D Tax Facts quarterly program update reviews some of the recent developments in the world of the R&D Tax Incentive (R&DTI) program.
EOFY R&D Tax Incentive Considerations
State of Origin is back (go Queensland!) and it suddenly seems to be dark before the work day is done. It can only mean one thing. It’s almost 30 June people!
The Tools for Reconstruction - Labor's Industry Support Strategy
Anthony Albanese has been sworn in this week as Australia's new Prime Minister. His victory speech and the Australian Labor Party's campaign have given us some insights into what we can potentially expect from the new Government in support of science, innovation and industry.
New grants of $50k to $5 million from the Industry Growth Program
In May’s Federal Budget, the Government launched the Industry Growth Program, an initiative under the Australian industry portfolio. This program aims to provide support to SMEs and startups operating in key industries with advice and matched grant funding ranging from $50,000 to $5 million. The program has a significant budget of $392 million allocated.
R&D Tax Facts - June 2023
As we approach the end of the financial year, below are some Australian R&D Tax considerations, updates and deadlines to keep in mind as you wrap up 2023.