New R&D Tax Incentive portal to be one-stop-shop for businesses
Source: Pexels/Ketut Subiyanto.
Australian businesses can now access a new portal for the federal government’s R&D Tax Incentive, which will provide a one-stop-shop for managing companies’ registrations and applications online.
The portal has been in the works for a number of months, and is now available to businesses to begin drafting applications.
Businesses applying for the RDTI will be able to do so via the portal from July 5, 2021, coinciding with a number of other changes to the incentive, with the portal to eventually replace the existing application process.