For companies that have already completed their 2018FY R&D claim, or do not have a R&D claim for the 2018FY, the upcoming 2019FY R&D claim may be the last thing on their mind until applications open in 1 July 2019.
At The Grant Specialists, we want to make sure that all companies are getting the most out of their R&D claim by making sure they tick all the boxes before its too late.
Some common mistakes clients make are:
- Incurring, but not paying all employee wages and superannuation before the end of the financial year;
- Outsourcing a large portion of their developmental costs overseas;
- Not having the correct company structure;
Make sure to keep on top of all R&D matters by undertaking a preliminary check for your R&D claim before the end of the 2019FY.
Send through your financials for an initial assessment of any expenditure you may be missing out on claiming, or if you require advice on setting your company up correctly.
For more information, please feel free to call us on (02) 8861 9876 or drop us an email on [email protected]
