R&D claim for health business dismissed

Georgia King-Siem & Joel Lovell review an AAT case demonstrating the need to conduct research and development (R&D) activities in a scientific method to qualify for the R&D tax offset.

Ultimate Vision Inventions Pty Ltd and Innovation and Science Australia (Taxation) [2019] AATA 1633 is a rare case of a R&D matter making its way to the Administrative Appeals Tribunal (AAT).In this case, the taxpayer sought a review of a decision by Innovation and Science Australia (the body that determines eligibility for eligible R&D activities) that none of the taxpayer’s activities registered under the Industry Research and Development Act 1986 (IR&D) Act in the 2014 and 2015...

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Authors: Georgia King-Siem, Joel Lovell

Published Date: 11 July 2019