This is ridiculously low compared to what we expected to see suggesting roughly $3Mn R&D spend in Australia last year. So unless the overseas component is refunded and is significant the time this has taken isn’t very pleasing. DT’s comment ”that it is very complex” indicated that it is complex but the refund would be worth the delay and efforts.
Not sure why this piddling amount makes for a PS while other more important Ann’s don’t get the same treatment.
Ann: Race Receives $1.48m R&D Tax Refund for Financial Year 2022, page-2
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