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R&D clawbacks killing jobs, innovation

R&D clawbacks killing jobs, innovation

The very incentive designed to support Australian innovation is actually killing it, with several businesses revealing the destructive effects — including job losses and viability concerns — of R&D Tax Incentive funds being clawed back years later.

  • Shared by MyBusiness
  • September 11, 2019
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My Business has spoken with a number of businesses that have used the tax break — most of whom have since regretted ever using the scheme.

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