What is the R&D Tax concession?
- A tax bonus for expenditure on development of new products, processes and/or services
- May involve a cash rebate from the ATO
Are you eligible?
If you are one of the following:
If you are one of the following:
- an incorporated body, or
- a public trading trust, or
- a partnership, consortium or joint venture of eligible companies.
Are your new products or services eligible?
- your R&D activities involved innovation and technical risk
- you spent a minimum of $20,000 on eligible R&D activities in a year of income.
- your R&D activities were primarily undertaken in Australia.
If you answered yes to the above questions contact us to learn more or go to the R&D Tax concession tab.
Does your R&D program fit well with your business strategy? If you are uncertain or think there could be a better linkage contact us to learn more.