The Australian Government offers the R&D tax offsets as a way to inspire new innovation in business. This innovation covers many areas such as; new processes, app development, technology, new products and design.
This fantastic Government initiative has flexible criteria for all small to medium size businesses. For the 2018 financial year, AusIndustry, the governing body for R&D Tax Incentive applications, allows for up to a 43.5% tax offset for every dollar spent on R&D activities!
With the holiday break just around the corner, we encourage companies have all their information and documentation ready to submit so they don’t get too overwhelmed when the New Year starts.
- Do you need help submitting?
- Are you still unsure about what you can claim?
- Do you know of a colleague or business partner who could benefit?
Call us today for immediate action.
These are the kind of Government initiative either no-one knows about or wish they had applied for. Be active, be innovative and grow your business with Government cash assistance.
If you have any questions on any of the above, or if you need some general guidance on your R&D claim, we are here to help you.
Contact Us or call 02-8861-9876 to speak to our R&D Tax Incentive specialist – Daniel Han.