AusIndustry’s Guide to Interpretation was first published in January 2016, detailing the way that AusIndustry interprets the definition of “R&D activities” as defined in the legislation.
The Guide to Interpretation presents AusIndustry’s position on complex issues including assessing the purpose of R&D Activities and framing what is not considered a Core R&D Activity.
As part of the new R&D Tax Incentive programme Integrity Framework announced by AusIndustry in late 2019, it was noted that the department would re-develop R&D Tax Incentive program guidance to help businesses claim the incentive correctly.
Drafts of the refreshed Guide to Interpretation document have been published recently requesting feedback via an online survey.
