R&D Tax Incentives
Unlock the full potential of your innovation with our R&D expertise. We’ll help you access funding opportunities and secure the resources you need to grow.
What is the R&D Tax Incentive?
The R&D Tax Incentive is a government program designed to encourage businesses to engage in research and development (R&D) activities that drive innovation. The program provides tax offsets to eligible businesses, helping to reduce the costs associated with R&D. The R&D Tax Incentive can provide substantial refunds, improving cash flow and enabling businesses to reinvest in future innovation.
Our team is dedicated to identifying qualifying R&D activities in your business and ensuring that you maximise your claim for both R&D Tax Incentive.
How We Can Help
We specialise in guiding businesses through the R&D Tax Incentive application process. Here’s how we can help your business leverage this opportunity:
Assessment of R&D Eligibility
We help identify eligible R&D activities and ensure compliance with the program’s requirements.
Documentation and Claim Preparation
Our team assists in preparing accurate and detailed documentation for your claim, ensuring that all necessary evidence is provided to maximise your claim.
Lodging Your Claim
We work closely with relevant government departments - AusIndustry and ATO to lodge your claim efficiently and on time.
Ongoing Support and Review
We provide ongoing support to ensure your claims remain compliant and optimise future R&D activities for maximum benefit.
Key Features
Up to
43.5
%
Refundable Tax Offset
Available to companies with an annual turnover of less than AU$20 million, where tax-exempt entities own less than 50%. If the offset exceeds the tax payable, a cash refund is available.
33.5
% -
46.5
%
Non-Refundable Tax Offset
For companies with annual turnovers exceeding AU$20 million or those that are more than 50% owned by tax-exempt entities. Unused offsets can be carried forward.
Other Government Initiatives
In addition to the R&D Tax Incentive, businesses may also be eligible for various government initiatives aimed at supporting innovation and economic growth. Our team can assist with:
Grant Application Support
We help businesses prepare and submit applications for government grants, ensuring that you meet eligibility criteria and deadlines.
Leveraging Additional Funding
We can advise on how to combine the R&D Tax Incentive with available grants for maximum financial support.
What Activities Qualify for R&D?
To be eligible for the R&D Tax Incentive, activities must meet certain criteria outlined by the Australian Government. Typically, eligible R&D activities include:
Experimental Activities
aimed at discovering new knowledge or creating new products, services, or processes.
Systematic Investigation
of technical uncertainties in the development of new technologies or products
Prototyping and Trials
to test new theories or concepts in real-world conditions
Who We Helped
We provide comprehensive R&D Tax Incentive and Grant services to support innovative businesses. Our experienced team helps you navigate the complexities of R&D claims and identify eligible activities to maximise the financial benefits of the Australian Government’s R&D Tax Incentive program.
Your Trusted Partners in Business and Financial Success
Our dedicated accountants and business advisers are ready to assist.
Featured Insights
Frequently Asked Questions
R&D activities that are experimental in nature, involving systematic investigation or technical uncertainties, are eligible for the R&D Tax Incentive.
Yes, start-ups are eligible to apply, provided they meet the criteria set by the Australian Government for the program.
Our team will assess your activities to determine if they meet the government’s criteria for R&D. We can guide you through the eligibility process.
The incentive is available to businesses across a wide range of industries, including Manufacturing, Technology & Biotech, Agritech, Advanced Materials & Composites, Renewable Energy, Health & Medical Research, Mining Services and Fintech & Digital Solutions
The processing time can vary, but we ensure your claim is lodged efficiently and track its progress with the Australian Taxation Office (ATO). Typically our clients access the benefits within 3 months after the end of each financial year.
Yes, many businesses are eligible for both the R&D Tax Incentive and the implications of claiming the tax incentive that is funded by a grant. Our team can help identify which programs your business qualifies for.
The R&D Tax Incentive offers two main tax offsets: a refundable tax offset for eligible entities with an annual turnover of less than $20 million, and a non-refundable offset for larger entities.
The R&D Tax Incentive offers two main tax offsets: a refundable tax offset of up to 48.5% for eligible entities with an annual turnover of less than $20 million, and a non-refundable offset of up to 46.5% for larger entities.
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Contact Us for R&D Tax Incentive Assistance
If you are ready to explore how the R&D Tax Incentive can benefit your business, contact our expert team today. We will guide you through the process, ensuring you maximise your claim and continue to innovate with confidence.
