Tip: R&D Testable Hypothesis

When claiming expenses as a core activity for the R&D Tax Incentive, AusIndustry requires businesses to show examples of their experimental work. Demonstrating that the work follows the scientific method (another requirement for the R&D Tax Incentive) starts with a testable hypothesis. What is a testable hypothesis? This is a question some businesses find difficult … Continue reading Tip: R&D Testable Hypothesis

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We’re all R&D scientists!

It’s National Science Week! Celebrating science and technology, National Science Week brings awareness and inspiration to a wide audience from children to the young at heart. Whilst many events are held by schools, universities and museums, science and technology can be found all around us in businesses and activities of all kinds. So, what is “science”? … Continue reading We’re all R&D scientists!

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Hypothesis Driven Software Development

While hypothesis-based testing is natural for most scientific work, it doesn’t come as easily nor is it as widely used in the software development space. One of the reasons may be the rise of Agile and the “fix it faster” culture. There is little time to document the systematic thought processes that takes place in … Continue reading Hypothesis Driven Software Development

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NSW-Israel Research & Technological Innovation Program

The NSW Government has launched a NSW-Israel joint Research & Development (R&D) program, where businesses based in NSW, partnering with an Israeli business will have access to grants of up to $250,000 to cover R&D expenses. The grant is intended to provide 50% of a project’s costs, where the other 50% will need to be … Continue reading NSW-Israel Research & Technological Innovation Program

The R&D Tax Incentive – Supporting Medical, Health and Life Sciences Research

Are you in the medical, health or life sciences sector? Is your company developing cutting edge technology? If you answered yes, then you’re in good company! Registered expenditure for the R&D Tax Incentive scheme on Medical, Health and Life Sciences (MHLS) has grown by 50% from 2012 to $1.6b in 2015. Most research fields in the sector … Continue reading The R&D Tax Incentive – Supporting Medical, Health and Life Sciences Research

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What start-ups need to know about the R&D tax incentive

So you’ve created a shiny new widget, after months of R&D and hard work. Great! You may well become the next ‘disruptor’- an Uber or Netflix service. Of all the grants and tax incentives that are available for start-ups, you may be convinced that the Government’s R&D tax incentive is especially applicable to you as … Continue reading What start-ups need to know about the R&D tax incentive

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