Business Research and Development comes under the microscope
https://rdtaxincentives.com/
People suspect research is only for advanced companies. It seems to be only in the scope of technology and medical companies. However, every industry needs innovation. What would you give to have products and services that no one else in the market can match? Government grants such as the R&D tax incentive can open this door for you. Yet the ATO has been issuing warnings to R&D claimants.
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