Offsets eligible R&D costs under tax rules. It is not an upfront project grant.
Funding and availability
Tax offset determined by eligible R&D and expenditure
Annual registration and tax-claim deadlines apply
Who it is for
Eligible entity, activities, expenditure and registration requirements apply. Obtain advice on substantiation and relevant income-year deadlines; ordinary product development is not automatically eligible.
Application process
Review the official eligibility and claim guidance before relying on an offset.
