The Top 6 Fails Of R&D Tech Projects
In the last 18 months, there has been a significant increase in the number of audits conducted under the scheme, and many companies have had to repay large amounts because they failed an AusIndustry and/or ATO R&D audit. A failed audit isn’t a failing of the R&D tax incentive accountant, nor really of the work itself. Instead, companies have been a victim of a complex area of tax legislation and how it translates into the …