Audits set to increase for the R&D Tax Incentive Scheme
This year, the government has made recent changes to the R&D Tax Incentive Scheme application, making it impossible to complete the form without certain detailed evidence records. Therefore, it is mandatory to have several detailed documents in place as they form part of your claim application. This leads us to believe that there is a clear intent to hone in on these records in upcoming audits. What are the changes? Fundamental changes to the application …
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