{"id":800,"date":"2015-12-02T05:04:24","date_gmt":"2015-12-02T05:04:24","guid":{"rendered":"http:\/\/ausgrant.com.au\/?p=800"},"modified":"2016-02-29T23:42:14","modified_gmt":"2016-02-29T23:42:14","slug":"is-software-development-part-of-the-rd-tax-incentive","status":"publish","type":"post","link":"https:\/\/ausgrant.com\/au\/is-software-development-part-of-the-rd-tax-incentive\/","title":{"rendered":"Is Software Development Part of The R&D Tax Incentive?"},"content":{"rendered":"

\"macbook-605438_640\"<\/a>As Australia embarks on a more innovative journey, one that Turnbull has touted to be more digital, the role of software may become more central to businesses in the private sector. In regards to the Research and Development (R&D) Tax Incentive, claiming software development may be eligible depending on the firm\u2019s activities.<\/p>\n

Research and development for software entails that as portion of your development, you face technical challenges or complications that could not be simply deciphered with standard research. Hence, to overcome these issues or to generate the functionality that you need, you commence an \u201cexperimental process\u201d to resolve the issue. An \u201cexperimental process\u201d in software is characteristically where you have tried diverse methods, unalike algorithms, dissimilar\u00a0structures or systems to crack the problem.<\/p>\n

In relation to this, the incentive rewards R&D undertakings that seek to elucidate distinct technical difficulties. However, with concern to software, there is supplementary eligibility criteria around anticipated usage:<\/p>\n