Government R&D Incentives
Businesses conducting Research & Development (R&D) looking to find innovative ways to increase their competitiveness worldwide are prime targets for Government assistance and funding.
This is a great, but often-untapped way of offsetting R&D investment with free money, and helping with the cash flow issues. There’s two main reasons we’ve found preventing businesses from applying:
- They’re unaware that they’re eligible for R&D grant money.
- They’re anxious about the hoops they need to jump through to claim the grant money.
The Australian Government is looking to assist businesses across a range of industries to create more competitive businesses, and consequently a stronger economy. More businesses are eligible than you realise.
The Australian Tax Office manages registration of your R&D activities, so it’s important to get all your ducks in a row. When applying for an R&D grant, you need to make sure your claims are correct, your plans and projections are clear and you’ve got all the required records.
But that’s where we can help. As taxation professionals who specialise in grant claims, our role is to work with you to collate everything you’ve done and go through product development – with the ATO in the forefront of our minds.
What we do for you
We will:
- Check your eligibility.
- Inform you on what you can expect to get back.
- Help you bring everything together to make sure your research grant application is the best
it can be.
In essence, we’ll maximise your claim and minimise your stress.