Consultation
R&D Tax Incentive: quarterly credits
Name
Mr Jeremy Anderson
Organisation
Trace Optics P/L
Email
j.anderson@traceoptics.com
Are you submitting on behalf of your Company
Yes
Do you want your submission to be confidential
No
Accessibility Statement
Yes
Submission files
Support files
Submission text
Trace Optics P/L is a high tech start up company which has utilised the R&D Tax Concession for many years and is now utilising the R&D Tax Incentive. 

The R&D Tax Incentive has enabled the company to increase its resourcing to Product Development, which effectively has accelerated progress, and enabled the company to become a world leader in advanced camera management system for television broadcasting. It is clearly evident, that the R&D Tax initiatives have played a critical role in the development of the products, and the expansion of the company's intellectual property. 

Accelerating R&D in a technological global market place is critical to the success of individual competitive companies, but also to the building of an advanced country. 

The company welcomes the introduction of the quarterly credits. The R&D Tax Incentive is a world leading government initiative and the quarterly credits option will only increase the benefits and performance of this program.