Industry Research Incentive

The R&D Tax Incentive

Western Sydney University is a registered Research Service Provider. Companies interested in partnering with Western U may be eligible for the Australian Government's R&D Tax Incentive. The Incentive provides generous support to business, particularly SMEs to conduct eligible research and development activities, through:

  • a 45% refundable tax offset for eligible companies with a turnover of less than $20 million p.a. (equivalent to a 150% tax deduction)
  • a 40% non-refundable tax offset (equivalent to 133% tax deduction) for all other eligible companies

Companies can claim a tax offset for the relevant parts of CRC contributions paid out of the entity's own funds. Please see, Cooperative Research Centres Program (opens in a new window)

Research Centres Program Partner Organisation contributions to a Linkage Project may be eligible for a R&D Tax incentive to the extent that the expenditure is incurred by an eligible company in respect of eligible R&D activities and provided that all other relevant requirements are met. Please see, Australian Research Council Linkage Projects (opens in a new window)