ATO alert on R&D claims for software development – our TOP NINE risks assessed and answered.

Posted by Azure Group on 23-Feb-2017 11:59:24


On Monday 20th February the ATO released its Taxpayer Alert TA 2017/5 warning of review activity being undertaken by ATO and AusIndustry (who jointly administer the R&D tax incentive) targeting R&D tax incentive claims on software development projects where some or all of the expenditure incurred are not eligible R&D activities.

We have broken down the top nine risks in a clear and concise summary with some insight on measures that should be adopted to ensure that R&D claims satisfy the eligibility criteria.

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Topics: Tech Business, Startups, r&d, incentives