The initiative is jointly administered by:
- AusIndustry (on behalf of Innovation & Science Australia); &
- the Australian Tax Office (ATO)
AusIndustry oversees the registration of your R&D activities and helps ensure that they comply with the law.
The ATO delivers the cash benefit via details lodged in your entity’s tax return and may check if the R&D expenditure you are claiming in your company tax return is eligible.
A review of the dual agency administration model is currently being undertaken, with a view to simplifying administrative processes and identify opportunities to reduce duplication in the administration of the program.