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What is R&D Tax Incentive?

The R&D Tax Incentive allows Australian businesses that undertake research and development to be refunded 43.5% of the R&D spend.

 

You Might Be Eligible!

The definition of R&D is broad in order to support as many different businesses and industry sectors. If your company is undertaking the following activities

  • developing new knowledge in the form of new or improved materials, products, devices, processes or services; and
  • seeking to resolve technical challenges in order to develop this knowledge and the answer is not identifiable based on currently available knowledge, and
  • undertaking experimental activities to bridge this knowledge gap and resolve these technical challenges.

 

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Contact us below for a free eligibility assessment.