The Australian Taxation Office has issued a notice to remind taxpayers of the upcoming application deadline to apply for the R&D Tax Incentive (offsets) for companies operating on a standard income year, 1 July to 30 June.
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Upcoming R&D Tax Incentive application deadline
If your company operates on a standard income year (1 July to 30 June), the statutory deadline to apply for the R&D Tax Incentive is within 10 months after your income period closes. Generally, this means…