R&D Tax Incentive Transparency Report Released- ATO
The government has today released the latest R&D Tax Incentive (R&DTI) Transparency Report, providing insights into company investment in research and development across Australia. The report covers the 2022–23 financial year, showing that 12,956 companies invested $16.2 billion in R&D. Of these: 6,016 (46%) were small businesses with turnover under $10 million. 4,507 (35%) were…
