Industry Innovation and Science Australia - R&D Incentives Committee

The R&D Incentives Committee (RADIC) operates under delegation from Industry Innovation and Science Australia (IISA). It is responsible for providing advice to IISA about the operations of the R&D Tax Concession Program for income years commencing before 1 July 2011 and the R&D Tax Incentive for income years commencing on or after 1 July 2011. In particular, it is responsible for assessing activities registered across all sectors including providing certificates to the Commissioner for Taxation about the eligibility of activities registered for the Concession and the Incentive. The Committee also provides advice about operational policy aspects of the R&D Tax Concession Program and the R&D Tax Incentive. RADIC may consist of up to seven members and are appointed by the Minister of Industry, Energy and Emissions Reduction.