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AusIndustry Publishes New Hypothetical Machine Learning Case Study.

August 26th, 2024 AusIndustry publishes new Hypothetical Machine Learning case study.

AusIndustry have recently published a case study to provide practical examples for eligibility of activities involving machine learning. 
 
It’s probable that this guidance has been in response to a rising number of claims involving AI and ML type activities.
 
The examples in the case studies will assist R&D entities identify when they might have eligible R&D activities, and what information is relevant for assessing and showing eligibility.
 
In an earlier Swanson Reed blog post in recent weeks (titled: Assessment of AI related activities under the R&D Tax Incentive and potentially emerging compliance focuses) we covered what we thought may be potential compliance trends emerging for AI claims based on previous approaches to Software Development and ICT activities.
 
Companies and stakeholders interacting with the programme should continue to keep an eye on the AusIndustry Software Guidance for any developments.

 Please get in touch with our office if you require assistance, would like to speak to someone about a potential claim, or check out our website for more information.

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