MARKETS

GEV gets A$1.5m R&D rebate

CNG hopeful, Perth-based Global Energy Ventures has received cash almost A$1.5 million dollars as part of the research and development tax rebate from the Australian Tax Office.

Now has $5m in the bank

Now has $5m in the bank

The R&D tax incentive is a program under the government where companies receive cash refunds for 4.5% of eligible research and development expenditure, with GEV  getting the reimbursement as part of costs...

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