The R&D Tax Concession allows companies to deduct up to 125% of qualifying expenditure incurred on R&D activities when lodging their corporate tax returns.
The deadline for submissions for the R&D Tax Concession for the 2007-08 financial year is 30 April 2009.
Applications can be lodged online or through any AusIndustry office. For further information about the R&D Tax Concession and to lodge an application, visit the AusIndustry website or phone the AusIndustry Hotline on 13 28 46.
