The R&D Tax Concession is a Government initiative to increase the amount of Research and Development undertaken in Australia. It is broad-based, available to all industry sectors and each company controls the direction of their Research and Development.
The concession enables Australian companies to deduct up to 125% of expenditure incurred on eligible activities from assessable income when lodging their tax returns. An incremental Tax Concession (175% Premium) and R&D Tax Offset are also available in certain circumstances.
AusIndustry invites you to a free information session for companies undertaking R&D and their accountants who have not previously registered for the R&D Tax Concession or for those requiring a refresher.
The seminar will include discussion on how to:
identify eligibility for the concession, including for Research and Development expenditure, and access the R&D Tax Concession.
The seminar details are as follows:
Canberra: 3:30pm – 7:30pm (4:00pm start)
15 March 2007
The Drawing Room, University House
1 Balmain Crescent
For enquiries about the seminar contact Chris Mills on (02) 6213 6795.
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