Senate recommends more clarity for software startups on RDTIs

By Ann Wen · 4 September 2020 · Tech

Senate recommends more clarity for software startups on RDTIs

Senate pushes for clarity on software tax breaks

The Australian Senate is urging the government to simplify tax incentives for software startups, but what does this mean for the industry's future? Find out what's at stake in our full report.

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Summary

The Senate Committee on Financial Technology and Regulatory Technology has recommended that the Australian Government provide greater clarity around the Research & Development Tax Incentive (RDTI) eligibility guidelines to ensure software innovation and creation is supported in Australia. On Wednesday, Liberal Senator Andrew Bragg tabled an interim report covering tax, regulation, access to capital, skills […]