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R&D Tax Transparency insights driving innovation in Australia’s agribusiness and food sector.
With the 30 April 2026 registration deadline approaching, companies that performed R&D activities in the year ended 30 June 2025 should be reviewing eligibility, documentation and governance now to preserve their entitlement under the RDTI.
The Australian Government has released exposure draft legislation proposing to exclude certain tobacco, vaping and gambling-related activities from the Research and Development Tax Incentive (RDTI). The intent is to ensure public funding does not support innovation that promotes harmful consumption behaviours, while maintaining eligibility for genuine harm-minimisation initiatives.
The 2025 financial year marked a dynamic chapter for Australia’s Research & Development Tax Incentive (RDTI), with notable shifts in policy, compliance, and industry engagement. As innovation continues to drive economic growth, staying informed on the evolving R&D landscape has never been more critical for Australian businesses.
In this episode, Corporate Tax Partner Vince Tropiano, Global Trade Partner Richard Nutt and Innovation Incentives Director Simone Barker discuss the Australian economy and how tariffs are impacting Australian manufacturing businesses – and what they can do to mitigate risks.
The biotech industry faces significant challenges, including regulatory pressures, supply chain disruptions, rising costs and shifting investment landscapes.
The Australian Parliament recently passed legislation to introduce two significant tax incentives aimed at bolstering Australia’s critical minerals and hydrogen production sectors. The incentives form a significant part of the Government’s ’Future Made in Australia‘ policy.
If government grants are part of your 2025 strategy, take note of the available quarter one funding opportunities. With increasing inflationary pressures, government grants can be an essential alternative funding source for businesses with critical investment projects.
The recent release of the Australian Taxation Office’s (ATO) R&D Tax Transparency Report for the 2021-22 period delivers valuable insights into the state of research and development (R&D) using claim data across various sectors, particularly in Technology, Media, and Telecommunications (TMT).
As we approach the end of Q1 FY25, it’s important consider how new and existing government grant programs could help your business achieve bigger, better, and faster outcomes.
In the latest episode of Beyond the Numbers with Grant Thornton, Innovation Incentives Director Simone Barker and Michael Climpson, National Head of Manufacturing and a Partner in our Audit & Assurance team discuss what the mid-sized manufacturing sector currently looks like in Australia, how inflation has impacted the sector and what the Future Made in Australia initiative will look like in practice.
The landscape of fuel tax credits (FTC) is constantly evolving due to ongoing economic and technological developments. This dynamic environment presents both challenges and opportunities for businesses with significant fuel consumption.
