In April 2022, Ausindustry released a new Guidance document titled “Software-related activities and the Research and Development (R&D) Tax Incentive“.

Whilst nothing in the new guidance is particularly surprising, there are some new principles which do not seem to have been explored in other guidance documents published in recent years.

AusIndustry have planned briefing sessions on this guidance during May which will focus on:

• the design process to ensure industry relevance;
• the main changes from previous guidance, including changes to the software activity exclusion;
• updated guidance for self-assessing software-related R&D.

For further guidance on the R&D Tax Incentive, visit our website here.