ECT Receives $556,698 R&D Tax Incentive Rebate
Key points
- ECT has received its FY25 R&D Tax Incentive rebate from the ATO
- The rebate amounts to $556,698
- The R&D Tax Incentive program supports eligible research activities
Full summary
Environmental Clean Technologies Limited (ECT) has announced that it has received its FY25 R&D Tax Incentive rebate from the Australian Taxation Office (ATO), amounting to $556,698. The R&D Tax Incentive is a program managed by AusIndustry aimed at supporting eligible research activities. Activities related to the research and development of the Company's suite of technologies are eligible, providing a 43.5% rebate. Where the Company incurs a tax loss, a cash rebate is provided, as in this case. The announcement is authorized for release to the ASX by the Board.
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