This paper covers:
- recap of the current R&D Tax Concession program
- budget update
- abolition of the R&D Tax Concession program
- introduction of the R&D Tax Credit system
- eligibility to R&D tax credits
- businesses with a turnover in excess of $20 million
- businesses with a turnover of less than $20 million
- R&D Tax planning opportunities during the transition period
- other Government grants, including the EMDG.