AusIndustry has released an updated guide on the eligibility of software development activities under the R&D tax incentive. The refreshed guidance was developed in consultation with industry stakeholders, including a panel of R&D applicants and advisers, the Tech Council of Australia and the Australian Taxation Office, the program’s joint administrator.
Some key takeaways are:
A copy of the new software guide can be access here. For more information, please contact your TGG advisor.