Every year over 13,000 Australian companies, from startups to small businesses through to large companies, are using the R&D Tax Incentive as part of their funding mix for R&D projects and development programmes.
If you're one of them, you’ve heard that AusIndustry and the ATO have been cracking down on risky claims, and you may be stressed about the impacts to your project budgets or your business cashflow, should your claim be reduced or deemed ineligible by AusIndustry or the ATO.
R&D Certainty’s mission is to give you certainty and peace of mind over those funds. We make it simple to get it right.
If you're not currently utilising the programme, your competitors may very well be. Now is a good time to consider how the R&D Tax Incentive could be a source of reliable funds to augment your project budgets, and to increase the level of research and development performed by your organisation.
R&D Certainty can review your current and planned projects and help you formulate an eligible R&D plan. Whether you're a business owner seeking assurance on commitments and budgets, a CFO looking for additional sources of funds, or a P&L owner justifying your project business case, R&D Certainty can assist your business:
We remove the mystery surrounding eligibility and ensure that you have an R&D Plan that will help you and your team undertake activities that can be claimed under the program.
We will also help you and your team to configure the plan to bring more of your activities under the R&D Tax Incentive.
We will provide templates for record keeping during the year which will provide the necessary evidence to be certain that the R&D was actually performed.
At the end of the year you and your tax advisor can simply take the plan and documentation and transfer that to the RDTI application and your tax return. This step is then much simpler and involves no rewriting or re-remembering of the past.
The R&D Tax Incentive is not limited to companies who employ folks in lab coats, or companies who have specialised research departments. Many of our clients utilising the R&D Tax Incentive don't have those. We can help any type of business plan to do R&D.
There is a good chance your business is already embarking on projects involving R&D and therefore eligible for funding. R&D Certainty is in the business of providing certainty, so please do contact us.
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