Strengthening Innovation: The New R&D Tax Incentive – Strengthening your business and productivity through ICT R&D

In 2012/13, AIIA and Ernst & Young will be conducting a series of seminars titled "Strengthening Innovation”. In the first of the series, we explore the new R&D Tax Incentive and in particular, its application to ICT R&D.

If you are investing in ICT development, then join us for an information seminar to find out how the new R&D Tax Incentive can help you. In association with AIIA, AusIndustry and Ernst & Young, the information seminar will involve an interactive presentation where you can discuss the new targeted, generous and easy to access support for eligible ICT R&D activities with Ausindustry, while networking with industry peers.

What is the tax incentive package?

The R&D Tax Incentive now provides businesses investing in eligible ICT R&D with generous tax offsets:

• 45 per cent refundable R&D tax offset credits for ICT’s with aggregated turnover of less than $20 million, equating to 15 cents for every dollar of R&D expenditure identified; and

• 40 per cent non-refundable R&D Tax offset, equating to 10 cents for every dollar of R&D expenditure identified for all other eligible ICT businesses.

Opportunities for R&D in ICT are only limited by the imagination. All registered participants will be entitled to a no obligation one-on-one discussion with an Ernst & Young R&D and Government Incentives specialist by phone or in person at your offices or Ernst & Young's offices.

Get your project managers, financial controllers, tax managers, chief information officers involved to find out more and register for this event today.