Reported entities
There are 11,545 companies in the Report of data about research and development tax incentive entities 2021–22, with expenditure totalling $11.2 billion in R&D claims in the 2021–22 income year.
However, the Report of data about research and development tax incentive entities 2021–22 report doesn't include approximately 850 companies that made R&D expenditure claims in the 2021–22 income year as they have a substituted accounting period beginning before 1 July 2021.
Reported population
The Report of data about research and development tax incentive entities population includes:
- companies with an eligible expenditure greater than $20,000, and turnover of less than $20 million, who are eligible for the refundable offset
- companies with an eligible expenditure greater than $20,000, and turnover greater than $20 million, who are eligible for the non-refundable offset
- both Australian-owned and foreign-owned companies which are Australian residents for income tax purposes.
Total expenditure
Public and multinational businesses claimed the most on R&D in the 2021–22 income year with a total of $4.9 billion, followed by privately owned and wealthy groups with $4.1 billion, and lastly small businesses with $2.2 billion in R&D expenditure claimed.
Total R&D expenditure in the 2021–22 income year
Business population
The business population makeup of companies in the 2021–22 transparency report is:
- 48% (5,574) small businesses (companies that are carrying on a business with an aggregated turnover of less than $10 million)
- 38% (4,370) privately owned and wealthy groups (companies and their associated subsidiaries with an annual turnover of more than $10 million that aren't public groups or foreign owned)
- 14% (1,598) public and multinational businesses (publicly listed Australian and multinational companies).
R&D entities by business population
The average claim per entity in each business population is:
- public and multinational businesses – $3,095,496
- privately owned and wealthy groups – $931,824
- small businesses – $395,191.
Not-for-profit organisations aren't included in the breakdown and analysis as only 3 claimed the R&DTI in the 2021–22 income year. This number is too small to be evaluated.
Top 10 highest claims
The table below details the top 10 entities across all industries according to their R&D claims in the 2021–22 income year.
|
Company name |
Company ABN |
Total R&D expenditure ($) |
|---|---|---|
|
ATLASSIAN AUSTRALIA 1 PTY LTD |
98166799542 |
200,460,127 |
|
CSL LIMITED |
99051588348 |
129,243,465 |
|
COCHLEAR LIMITED |
96002618073 |
115,602,553 (amended to 120,376,749) |
|
RESMED HOLDINGS PTY LTD |
28003765133 |
78,600,592 |
|
FORTESCUE LTD |
57002594872 |
77,885,564 |
|
CLEANAWAY WASTE MANAGEMENT LIMITED |
74101155220 |
56,309,397 |
|
TASSAL GROUP LIMITED |
15106067270 |
55,821,520 |
|
TECHNOLOGY ONE LIMITED |
84010487180 |
54,201,233 |
|
GRINDING MEDIA PTY LTD |
47615611759 |
51,676,649 |
|
FIRMUS GRID PTY LTD |
31638040534 |
50,889,715 |