Grants & Incentives

Government Grants & Incentives

We are an experienced team of advisers with more than 10 years’ experience in securing Federal and State Government Grants and Incentives for our clients. Our team consists of professionals with expertise and background in science, engineering, accounting, government, and law.

Our clients range from startups to multinational companies covering diverse industry areas including biotechnology, pharmaceutical, and software.

We assist you in : 

  • Understanding and providing education on government grants and incentives that may apply to your case.

  • Working collaboratively with you to prepare applications and supporting documentation.

  • Preparing a response and supporting documentation in the event of an audit or compliance review.

  • Putting in place our internal compliance and record keeping tracking process to assist you in meeting the government grants and incentives compliance. 

Research & Development (R&D) Tax Incentive

Our ‘personalised’ one-stop-shop service assists you in securing the R&D Tax Incentive starting from project scoping to submission. During this process, we meet with you to make sure that we understand your individual situation, business needs and project activities.

What is R&D Tax Incentive?

R&D Tax Incentive is a self-assessment program jointly administered by AusIndustry and the Australian Taxation Office (ATO) which helps to offset some of the costs you incur in conducting R&D activities. 

If you are a company in a taxable loss position with an aggregated turnover of less than $20 million, you may receive up to 43.5% of your claimed eligible R&D expenditure as a cash refund.

Are you eligible?

The R&D Tax Incentive is open to any business of all industry areas undertaking eligible research and development (R&D) activities. 

You are eligible if you are an incorporated company that pays tax in Australia, conduct at least one core R&D activity (experiment), and spend a minimum eligible R&D expenditure of $20,000.

What are the eligible R&D Activities?

  • Core R&D Activities

    Core R&D activities are experimental activities:

    1. That are conducted based on a systematic progression of work proceeding from a hypothesis to experiment, observation and evaluation, and leading to logical conclusion;
    2. Whose outcome cannot be determined in advance on the basis of current knowledge, information or experience of a competent professional in the field;
    3. That are conducted for the purpose of generating new knowledge.
  • Supporting R&D Activities

    Supporting R&D activities are activities directly related to core R&D activities.

  • Our end-to-end approach

    1) Identify 

    We conduct project scoping to assess and identify eligible R&D project activities through interviews. 

    2) Educate 

    We identify areas for improvement and provide advice on the adequacy of your technical and financial records including providing R&D documentation training to ensure that you meet the R&D Tax Incentive eligibility and compliance.

    3) Plan 

    We help you put together compliance and record keeping process and best practice methodology to make sure your claim is well-substantiated. 

    4) Prepare 

    We prepare R&D Application and supporting documentation including R&D project plans and calculate eligible R&D expenditure. 

    5) Submit 

    We prepare and submit your R&D Application for registration with AusIndustry and R&D Tax Incentive Schedule with the Australian Taxation Office (ATO).

    6) Compliance review

    We liaise with AusIndustry and the ATO in the event of an audit or compliance review including preparation of audit response and collation and assessment of the adequacy of your supporting documentation.

R&D Tax Incentive for Startups

The R&D Tax Incentive is the biggest government program that supports and provides the major funding source for startups. Our team has extensive experience working with start-ups in technology and other industry areas.  We assist startups to grow and translate their state-of-the-art idea, innovation or great piece of research and R&D into the real world.

We are here to help you understand whether you are eligible for the R&D Tax Incentive and work collaboratively with you to put together a planning process to ensure you are compliant. 

We have a special rate for startups so don’t hesitate to contact us to find out more.

Contact us

Contact us to claim for your complimentary consultation.

Other Government Grants

Our team is also experienced in securing other government grants for you, such as:

  • Minimum Viable Product (MVP)
  • Building Partnerships (BP) Grants
  • Accelerating Commercialisation (AC)
  • Export Market Development Grant (EMDG)
  • Other Federal & State Government Grants

Contact Us to find out more details.

Address : Level 21, 207 Kent Street, Barangaroo NSW 2000

Email : [email protected]

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