In an effort to support innovation in Australia, the Federal Government offers a tax incentive to companies that undertake research and development (R&D) activities where they have the potential to ultimately boost competitiveness and improve productivity within the Australian economy.
Whilst the possibility of obtaining a tax offset for eligible R&D activities is attractive to most businesses, the application process does require some initial thought and planning to ensure that the application and claim process can proceed as smoothly as possible. This initial thought and planning can relate not only to the entity structure you use but also how you undertake and monitor R & D related activities day to day.
What if there was a way to streamline the administration process – no matter what industry you’re in?
We will work with you to systemise and simplify your R&D monitoring and application process – with our administrative solution giving you more time to focus on growing your business through innovation.
How will we deliver on our promise?
- meet with you to discuss your needs & objectives;
- provide you access to a full set of R&D templates to assist with your monitoring process;
- work with you to document every step in your R&D projects and activities using these templates; and
- assist you with documenting your R&D activities in your application.
What will you walk away with?
You will walk away with the confidence your claim is supported by the right documentation and streamlined processes while you work to transform your business to the next level.
If you would like to know more about how R&D platforms can streamline your claims process, please don’t hesitate to contact us.