R&D tax incentive

Assisting businesses in accessing the R&D tax incentive

The R&D tax incentive is the Federal Government’s primary support program for innovation. It is an eligibility, retrospective claim based program, whereby eligible Australian companies register and claim the benefit. It is based on the principles of self-assessment, followed up with a comprehensive compliance review process by the appropriate government bodies.

Many people still do not realise that R&D tax applies to 'real world' innovation, not just high tech science projects. Companies developing and improving products and processes are equally eligible.

In addition, many people do not realise that companies with tax losses (with grouped turnover less than $20m) are eligible to receive cash from the ATO, not just increases to future tax losses.

R&D TAX solutions for businesses of all industries

We have an experienced team of R&D tax advisers with mixed science and accounting qualifications and backgrounds. Our clients range from startups to multinational corporates, and cover industries from agriculture to banking.

We are active supporters of the Innovation Community, sponsoring events, providing speakers and committee members to a wide variety of associations and groups.

We are happy to meet and talk about how the R&D tax incentive program may benefit you at no charge or obligation.

Jessica OlivierDirector, Sydney

Email Jessica

Richard WraithPrincipal, Melbourne

Email Richard

Simon HarcombePrincipal, Perth

Email Simon

Steve EliasPrincipal, Perth

Email Steve

Considerations for EOFY and your R&D tax incentive claim

As another end of financial year (EOFY) approaches, RSM’s National Research and Development Tax Incentive (RDTI) team provides a summary of considerations for your R&D tax incentive claim for 2022 and what you need to know when the 2023 financial year gets underway.

Supercharging healthcare innovation through government grants and incentives

Australia’s flagship investment into encouraging local innovation has just celebrated its 10-year anniversary.

Patent Box Tax Concessions Explained

The Federal Government has recently published a Bill which introduces the proposed Australian Patent Box Regime announced in the 2021 Federal Budget.

R&D Tax Incentives Update

Over the course of another dynamic year, we have seen a number of developments related to the Research and Development Tax Incentive (R&DTI) including the commencement of the new R&D Tax offset rates from 1 July 2021 and the finalisation of the Temporary Full Expensing measures.

Modern Manufacturing Initiative (MMI) | Round 2 (Integration)

Integration Stream - Round 2 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.

Supply Chain Resilience Initiative Grant | Round 2

The $107 million Supply Chain Resilience Initiative (SCRI) was established as part of the Modern Manufacturing Strategy and runs over four years from 2020-21 to 2023-24.

What the proposed Patent Box regime could do for Australian manufacturing businesses

In the 2021 Federal Budget, the Australian Government announced plans to introduce our nation’s first Patent Box regime. The regime, which already exists in more than 20 other countries, aims to encourage patent development and its associated research and development (R&D) in Australia.

Medical Research Future Fund

The Research Data Infrastructure Initiative (RDII) forms part of the Australian Government’s $20 billion Medical Research Future Fund (MRFF). $80 million over 8 years has been committed to the RDII and is targeting the creation or extension of national research data infrastructure.

Cyber Security Skills partnership Innovation Fund - Round 2

The $70.3 million Cyber Security Skills Partnership Innovation Fund (CSSPIF) forms part of Australia’s Cyber Security Strategy 2020 and was developed in recognition that skilled cyber professionals are essential for keeping Australians secure online, and to underpin government and industry capability and capacity.

Cooperative Research Centers Program

The Cooperative Research Centre Project (CRC-P) Grants Round 12, supports industry-led collaborations between industry, researchers and the community. The program is a proven model for linking researchers with industry to focus on research and development towards use and commercialisation.

Carbon capture, use and storage hubs and technologies | Technologies stream

The Carbon Capture, Use and Storage Hubs and Technologies Program (CCUS) is a $250 million initiative that runs over 10 years to 30 June 2031 and is targeted at businesses that have a focus on supporting collaboration and innovation in CCUS technologies and the identification and development of viable CO2 storage sites.

-- TAX SERVICES --

-- CONSULTING SERVICES --

R&D tax incentive

Assisting businesses in accessing the R&D tax incentive

R&D TAX solutions for businesses of all industries

Key Contacts

Considerations for EOFY and your R&D tax incentive claim

Supercharging healthcare innovation through government grants and incentives

Patent Box Tax Concessions Explained

R&D Tax Incentives Update

Modern Manufacturing Initiative (MMI) | Round 2 (Integration)

Supply Chain Resilience Initiative Grant | Round 2

What the proposed Patent Box regime could do for Australian manufacturing businesses

Medical Research Future Fund

Cyber Security Skills partnership Innovation Fund - Round 2

Cooperative Research Centers Program

Carbon capture, use and storage hubs and technologies | Technologies stream

Webinar: R&D Tax Incentives and Capital Access

7 Ways to Secure Funding for your Tech Startup

Manufacturing Collaboration Stream - The Modern Manufacturing Initiative (MMI)

GIGs – Are they worthy for your startup?

Pages

-- TAX SERVICES --

-- CONSULTING SERVICES --

You are here

R&D tax incentive

Assisting businesses in accessing the R&D tax incentive

R&D TAX solutions for businesses of all industries

Key Contacts

Pages