Our People

Steve Elias
Principal - Perth


Based in our Perth office, Steve is a Principal in the Tax Services division, providing specialist R&D tax incentive consulting services. 

Since 2007, Steve has provided R&D tax advice to a range of diverse industries across Australia. Prior to joining RSM in 2012, Steve was a member of the R&D tax incentive group at a big four accounting firm.

"I am motivated by delivering strong outcomes for clients, growing and developing our staff and continuous learning and development."

Preceding his R&D tax incentives career, Steve worked as an industrial chemist where his responsibilities included the development and synthesis of various products and substrates and the introduction and application of these into client operations.

Steve is authentic in his approach to work and life, which allows him the benefit of forging new and sustaining relationships with clients and contacts. Outside of work Steve enjoys watching soccer and AFL.

Solutions Steve provides

Steve has responsibilities and experience in all aspects of the R&D claims process, including:

  • Tax servicesPreparation of both technical and financial material and presenting to clients regarding the R&D eligibility criteria;
  • Running educational workshops and interviews to identify potential R&D projects and gather appropriate information to assess, prepare and substantiate R&D tax incentive claims;
  • Review of prior years’ R&D incentive claims to ensure accuracy and legitimacy of the R&D benefit claimed;
  • Preparing and lodging appropriate R&D registration documentation;
  • Allocation of eligible R&D expenditure;
  • Preparation of R&D review advice on behalf of clients for R&D tax incentive financiers;
  • Advising and implementing robust R&D management practices; and
  • Assistance with and attendance at AusIndustry/ATO reviews and audits.

Significant projects

Major projects Steve has been responsible for include:

  • Tax servicesAssisting first-time R&D claimants with commencing, growing and sustaining annual R&D incentive claims.

  • Undertaking R&D claim risk mitigation and management processes.

  • Assisting companies with R&D management upon entity consolidations.

  • Working with multinational companies to maximise their R&D claims for cross-border R&D activity.


  • Graduate Australia Institute of Company Directors (GAICD)

  • Licensing Executive Society Australia New Zealand (LESANZ)


  • Bachelor of Science (Honours)

  • Master of Business Administration (MBA)

  • Company Directors Course Diploma (GAICD)


Manufacturing Collaboration Stream - The Modern Manufacturing Initiative (MMI)

27 July 2021
The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience. It is the signature program of the Australian Federal Government’s $1.5 billion Modern Manufacturing Strategy, which was announced at the October 2020 Fede...

GIGs – Are they worthy for your startup?

19 July 2021
Government and Industry Grants (GIGs) are available throughout the year via Federal, State (Territory) and Local Government programs along with funding announcements by other private and industry organisations (e.g. universities, CSIRO, etc.). Generally, these organisations provide GIGs funding assistance to business and industry in recognition ...

Risk Insider Newsletter - Edition #8

8 June 2021
After a slow start, investor and regulator attitudes towards environmental sustainability have started to evolve. It is no longer seen as just a nice to have - changing regulations mean environmental sustainability credentials will have a significant impact on investment decisions. 

Start Up Insights - Podcast

3 June 2021
Steve Elias and Gavin Stacey are featured in the latest podcast from Start Up News. Steve and Gavin each have helped hundreds of local startups on their R&D tax claims, grant applications, ESIC, planning, advisory and fund-raising. They share their insights on what it takes to make a successful startup. “When I first start...

How to value your business

12 May 2021
The process of business valuation takes time and requires you as a business owner, to understand your company inside out to ensure a solid foundation when looking to grow or exit your business. Knowing the value of your company can assist you in: raising debt or equity for your business; a merger or acquisition; or issuing shares as a ...

Bootstrapping your IT infrastructure for under $5K

30 April 2021
Developing your internal information technology (IT) infrastructure correctly is an essential component for your business. Having the right information technology equipment will help you not only deliver solutions effectively to your employees and customers but assist in business growth and productivity. So how do you prevent getting sucked ...

The Modern Manufacturing Initiative (MMI)

10 March 2021
The Modern Manufacturing Initiative (MMI) is a $1.3bn initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience.  The MMI program is the signature program of the Australian Federal Government’s $1.5bn Modern Manufacturing Strategy, which was announced at the O...

Making sense of eligible Research and Development tax incentives

15 February 2017
Does your company conducts Research & Development (R&D)? Did you know: you may qualify for tax incentives (45 cents per $1 spent!) View our tax concession examples.  

Webinar | R&D Tax Planning

Tuesday, 7 July 2020 | 11:00am - 11:45am AWST
Register now for our R&D Tax Planning webinar. Learn how forward planning for your R&D claim can save time, maximise the benefit for your business and improve your chances of a successful claim. Join RSM's Steve Elias as he talks about our unique approach to preparing for your R&D claim and find out how this pre-planning metho...