Australian government excludes gambling firms from R&D tax incentives
Australia’s government set out plans to make gambling companies ineligible for the research and development tax incentive from 1 July 2025 in its Mid-Year Economic and Fiscal Outlook papers. The Australian Tax Office reported that gambling companies claimed nearly A$90m in credits in 2021/22, including A$39.5m for Tabcorp and A$22.2m for Aristocrat.
The planned eligibility change could remove a source of tax support for gambling companies’ research and development activity.