Australia R&D Tax Incentive
Australian R&D tax offset — refundable for SMEs developing innovative technology including blockchain and Web3.
About this grant
The R&D Tax Incentive is Australia's principal industry support program. Companies with under AUD $20M turnover receive a 43.5% refundable tax offset on eligible R&D expenditure. Larger companies receive a non-refundable 38.5% offset. Software development including blockchain protocols, smart contracts, and decentralized applications qualifies under current AusIndustry guidelines.
Eligibility criteria
- ✓Australian incorporated company
- ✓R&D activities in Australia
- ✓Eligible R&D expenditure
- ✓Annual registration with AusIndustry required
AustraliaTax IncentiveR&DRefundable