For goodness sake.
You get around 40% back of what you spend on research and development.
They spent a hell of a lot more then they get back which is written off in the accounts.
The rebate comes in through the company tax return which could not possibly be lodged at 30 June hence it is receivable in the accounts.
Your tripe about ausindustry is beyond belief and I won't even bother with it.
For goodness sake. You get around 40% back of what you spend on...
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