Incentivising investment in R&D

The R&DTI is an incentive program that supports your company to invest more in eligible R&D activities. If your R&D activities meet the program criteria, you may be eligible for a tax offset that covers some of the costs of your R&D. The R&DTI can also support collaboration with registered Research Service Providers (RSPs).

Who should apply for the R&DTI?

You should take a closer look at the R&DTI if your company:

• is incorporated under Australian or a foreign law
• conducts or plans to conduct one or more eligible core R&D activities
• has eligible R&D expenditure greater than $20,000 (if your expenditure is less than $20,000 you can still claim the tax offset by using a registered RSP to conduct your R&D).

What are ‘eligible R&D activities’?

• Types of eligible activities are set out in Section 355.25 of the Income Tax Assessment Act 1997, the law that applies to the program.
• Your activities must meet all the requirements for core and supporting R&D activities to be eligible for the program.
• More information on eligibility is available in our Guide to Interpretation.