At R&D Certainty, we’re not just another consultancy providing access to the R&D Tax Incentive (RDTI). We do a lot of things differently and our aim is to work with your business to develop your full R&D potential encouraged by the generous returns available through the RDTI.
We’re a team of scientists and innovators with extensive experience in conducting research, developing innovative products and claiming the RDTI. Our team leader, Marty Gauvin, has been involved in the governance of the RDTI and many other Commonwealth Government innovation programs for 20 years. Our Associate Adviser Andrew Lewis was a leader in Ausindustry’s R&D Tax Incentive team, and knows how AusIndustry and the ATO look at R&D.
We want to help you put together a R&D plan for your innovative business. This will increase both growth and margins in any industry, and ensure that your R&D is fully eligible for the RDTI. In many cases this subsidy is paid in cash directly back to your business.
What we are not are tax agents or tax consultants! Because the RDTI has the word ‘tax’ in it, many people think they will get the best advice from their tax agent, accountant, or tax consultant. But, in our experience, this is rarely the case!
The RDTI is two conversations with the Government, ‘tax’ is only one of those conversations. We specialise in the other conversation, the one that secures your subsidies!
Other consultants helping to access the RDTI only want to talk to you at the end of the financial year. But, by that point, there is almost nothing that can be done to assist you in getting the RDTI claim you deserve.
We want to work with you throughout the financial year, starting at the beginning and planning for the year ahead. Together we will make sure that the work is conducted in a systematic way as well as setting up the documentation around your R&D that is vital to a successful and secure RDTI claim.
There’s no need to feel locked into an R&D plan! Research notoriously never goes to plan so we need to ensure that, as your R&D activities evolve through the year, you are keeping track of all the necessary to documentation.
We are very experienced in creating R&D plans and can provide you with the tools and oversight to ensure that your documentation meets the RDTI requirements at every stage.
Your R&D plan will give you a clear indication of how much you’re going to be able to claim. Your R&D plan will also show you what resources you’ll be allocating to R&D, the kinds of outcomes you can expect from your R&D and how to incorporate your R&D activities into your broader business planning processes.
At the end of the financial year, we will help you to prepare your R&D plan into its final form, incorporating the results of all experiments and the outcomes of supporting activities so these can be handed over to complete the RDTI application and your tax return.
That’s how we provide R&D certainty: we take the risk out of planning your R&D to ensure your RDTI claim is secure. And we work on a fixed-fee basis, not as a percentage or proportion of your claim, so you get to keep more of your claim.
So, if you are doing anything that looks like research and development, you need to talk to us today so we can get you free money from the Government for your R&D effort.
Comments