Everything you need to know about the R&D Tax Incentive

Innovation is critical for agribusinesses to sustainably meet ever-increasing population, environmental and nutritional demands. The R&D Tax Incentive exists to provide the additional support often needed for organisations to take the leap and undertake experimental activities they may not otherwise consider.

A generous broad-based entitlement program, the R&D Tax Incentive helps organisations fund development of new or improved materials, products, processes, devices or services, and is jointly administered by AusIndustry and the Australian Taxation Office. While AusIndustry is responsible for the eligibility of activities, the eligible expenditure associated with the R&D activities is claimed through an organisation’s income tax return.

In this video, our Food & Agribusiness experts explore the benefits of the incentive and how agribusinesses can access it to support their innovation activities.

For further information on the R&D Tax Incentive and how it can help your business, please contact a member of our R&D Tax Incentive team.


Jodie Knowlton

Jodie is a Business Services Partner who specialises in helping small to medium family and corporate businesses. She provides a full range of services including tax compliance, management reporting, virtual CFO, cashflow forecasting and succession planning. Jodie has a specific interest in the Food & Agribusiness industry, having grown up on a cattle farm in South-East Queensland.

Daniel Splatt

Daniel is a manager in the Government Grants & Incentives team. He has a Bachelor of Science majoring in Biomedical Science in addition to a Masters of Commerce. Since joining the team, Daniel has gained a breadth of experience in helping organisations obtain optimal funding outcomes in the Food & Agribusiness industry.