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December 2017

Overseas and advance findings application form update

If you are planning to submit an Advance or Overseas finding application in the 2017-18 financial year, please ensure you are using the current web-based form, available on
The previous PDF SmartForm has been retired and is no longer supported.
Ensure you bookmark this form and share this information with your clients or colleagues.
Access application form

Sector snapshot

Registrations for income period 2015-16 have now closed, with another year of record participation in the R&D Tax Incentive program.

Large business participation remained steady, while the number of small business registrations increased by 4.9 per cent. Small businesses also grew their share of the R&D investment, which is up by 5.2 per cent when compared to a year earlier.

The ‘Manufacturing’ and ‘Professional, Scientific and Technical Services’ sectors together make up over half of program participants.

Mining and construction experienced the largest reduction in R&D investment. This is partly explained by macroeconomic conditions and the introduction of the $100 million threshold from 1 July 2014.

As in previous years, more than 3,500 businesses were new to the program. The most prominent sectors with new registrants were professional service providers (25.3%), manufacturers (22.4%) and information media and telecommunications companies (22.0%).

Australian businesses are turning bright ideas into innovative solutions

Australia’s strengths in science and research and development (R&D) will be vital in enabling our innovators and entrepreneurs to capitalise on future technologies.

To help inform choices on Australia’s innovation policy, the Australian Innovation System Report series delivers an annual analysis of key innovation indicators and explores a chosen aspect of the innovation system.

The Australian Innovation System Report 2017 provides novel research on firms that make a comparatively large contribution to economic growth in Australia, termed high-growth firms (HGFs).

The report also examines firms with high R&D growth and describes their typical characteristics. It finds that R&D intensity generally has a positive effect on the turnover growth of firms.
Read the report

Merry Christmas

The R&D Tax Incentive team would like to wish you and your family a Merry Christmas and a prosperous 2018.

The R&D Tax Incentive Information bulletin will return in February 2018.
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