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Robertson admits R&D tax incentive is too low – plans to raise it

Finance minister pledges to raise the 12.5c rate to 15c to help boost spending on innovation closer to the OECD average.

Nevil Gibson
Thu, 24 May 2018

The Coalition government is already planning to raise the budget’s research and development incentive tax after a lukewarm response from business.

Finance Minister Grant Robertson says the 12.5c in the dollar credit for R&D spending above $100,000 will stay in the immediate future but he

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Nevil Gibson
Thu, 24 May 2018
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Robertson admits R&D tax incentive is too low – plans to raise it
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