Some Key R&D Tax Incentive Points from an AAT Case

AusIndustry has in this post set out some key R&D Tax Incentive lessons that can be learnt from the Mt Owen AAT case. Background Mount Owen Pty Ltd had an open-cut coal mine and had claimed for R&D activities at the mine during the period January 2000 to 31...

R&D – when are expenses incurred?

A case that had R&D implications was finalised in the AAT at the end of July 2013. Although the matter, Vision Intelligence Pty Ltd and Commissioner of Taxation [2013] AATA 527, went to the AAT looking for a reduction in penalties imposed by the ATO, the crux of...

The ATO and R&D Tax compliance

The ATO has issued its Compliance in focus 2013-14 document where it sets out what the ATO will do to manage the risks to and maintain the integrity of Australia’s taxation and superannuation systems for the next 12 months. On page 14, we read the following with...

Consultants – a necessary evil?

One of the questions that I have been asked a number of times by potential grant applicants in my over 10 years of consulting work is whether they should be using a consultant to help them with their EMDG  and R&D Tax Incentive applications. In fact this question...