The rigmarole around R&D tax incentives

Kate Carnell , Australian Small Business and Family Enterprise Ombudsman

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A research and development tax incentive has been a nightmare for many small businesses, who have been told to pay thousands of dollars back to the government. Kate Carnell, Australian Small Business and Family Enterprise Ombudsman, says the Incentive is unsuitable for software development in its current form. She explains the lessons for small businesses owners who are considering applying for an R&D incentive.