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| Research and development tax incentive consultation paper |
22 September 2009From 1 July 2010 the government will replace the R&D Tax Concession with a simplified R&D Tax Credit, with tighter eligibility criteria. This paper argues that the reformed scheme will provide more generous support for R&D to help build a more innovative economy. It also poses a range of questions to business about how the government could approach certain aspects of the scheme's design.