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Wednesday, June 3, 2020

R&D Tax Concession Audits have eased up

The crackdown on research and development tax incentive claims has eased, with a more collaborative and fair approach to audits adopted and a number of recent successful appeals

The Small Business Ombudsman also conducted an investigation into the enforcement of the scheme, with the final report criticising the conduct of the government agencies, saying it had had a “devastating impact” on companies.

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