The long awaited R&D Tax Credit Bill is back on the agenda… hold on, let me rephrase that…
…is going to be back on the agenda next year.
But not before another round of talks, discussions, debates, amendments, further discussions, debates and hopefully, a positive result for the Australian industry – a credible and poweful instrument capable of boosting Australia’s industry performance and world competitiveness. After all, that is the whole point of having an Innovation Policy.
A good summary of the outstanding legal and political issues can be found in this Smart Company article.
But for now it’s business as usual: identifying existing government grant funding opportunities (R&D Tax Concession, federal and state government grants), matching them with ongoing business requirements and submitting applications that maximise benefits to Australian businesses.
And for those who are in Victoria - don’t forget to vote and let the best Mr B win.
