R&D relief at Browns Range

NORTHERN Minerals is hoping for a big pay out from the Australian Tax Office after the Department of Industry Innovation and Science, also known as AusIndustry, changed its mind and ruled the rare earths miner’s 2017 and 2018 research and development tax offset claims are eligible for the R&D incentive after all.

R&D relief at Browns Range R&D relief at Browns Range R&D relief at Browns Range R&D relief at Browns Range R&D relief at Browns Range

Clear skies at Browns Range

Northern Minerals had been forced to pay off the ATO in instalments after its 2017 and 2018 tax claims were knocked back in 2018 after being deemed to not fit the criteria of research and development.