March 1, 2016

Research and Development Tax Incentive Review: #NISA 2

IRU will contribute to the development of the Strategy, looking to ensure that programs will encourage investor action without stifling opportunities through overly strict rules or exclusion of potential future activities.

Submission key points:

• Strengthening the incentive for Research and Development carried out through research bodies.

• Include research in social sciences, arts and humanities, where it meets standard tests of being a core Research and Development activity directly relevant to the business’s future development.

Read full submission below. (3 pages)