The R&D Tax Incentive aims to provide Australian companies with financial support, to boost competitiveness and improve productivity across the Australian economy by undertaking research and development with the view of creating new or improved materials, products, devices, processes or services.
The program provides a 43.5% refundable tax offset cash back for companies with an aggregated turnover of less than $20 million or a non-refundable 38.5% tax offset for companies with a turnover of more than $20 million.
Have you or are you developing new products or services that are novel and innovative? If so, we can help determine if you qualify for the R&D Tax Incentive, and make an application to register your activities.
Identifying whether your activities qualify for the R&D Tax Incentive
Preparation and lodgement of R&D Tax Incentive Registrations with AusIndustry
Preparation of the R&D Tax Incentive Schedules for inclusion in your Company Income Tax Return
Setting your business up with the systems required to capture and record qualifying R&D activities