R&D Tax Incentive

The Australian Government offers an R&D tax incentive program to encourage more Australian companies to engage in R&D.

The incentive allows for:

  • a 43.5% refundable tax offset for eligible R&D entities with a turnover of less than $20 million per annum
  • a non-refundable 38.5% tax offset for all other eligible R&D entities.

To be eligible, energy efficiency projects must be experimental, based upon established scientific principles and processes, and be conducted for the purpose of generating new knowledge.

Ausindustry manages the program and provides a range of information to guide companies through the process.

For more information visit the R&D Tax Incentive page on business.gov.au.