Software Development and the Australian R&D Tax Incentive: A 2024 Guide

Software Development and R&D Tax Benefits

Software development is one of the most dynamic areas for R&D tax incentives in Australia. Companies developing new software solutions or significantly improving existing ones may be eligible for substantial tax benefits through the R&D Tax Incentive program.

Eligible Software Development Activities

• Development of new algorithms
• Creation of new or improved software architectures
• Implementation of novel security solutions
• Development of innovative user interfaces
• Integration of emerging technologies