Inventure aims to provide a "value added" service to our clients.
The following dowloads have been provided to assist clients with their business operations, industry knowledge and awareness of the available grant programs and funding options.
On 12 May 2009 the Federal Government announced it will replace the existing R&D Tax Concession with a new R&D Tax Credit. The R&D Tax Credit is planned to come into effect from 1 July 2010 and draft legislation is currently under review. See Attached downloads.
The new R&D Tax Credit is a broad-based and market driven incentive package. The two core components of the package are:
The new tax credit is decoupled from the corporate tax rate and thereby creates certainty in the level of assistance to be provided. Firms undertaking R&D in Australia, where the intellectual property is owned overseas, will be eligible for the R&D Tax Credit.