"If you spent $200k on eligible R&D activites,
you could be entitiled to $75k cash rebate from the ATO"
Take our Quick R&D Grant Eligibility Assessment
The R&D Tax Concession is the Australian Government's main incentive to increase industry's research and development. It is a non competitive grant. It operates on a self-assessment basis, where claimants make their own decisions about the eligibility of activities. Eligible companies which have incurred eligible R&D expenditure can claim either a 125% deduction or, under certain circumstances, a tax offset for small companies or a 175% premium deduction. The concession is an ongoing scheme. It is broad-based, market-driven and not industry specific, with the company deciding upon the scope and timing of the R&D.

Applying for the R&D Tax Concession is time consuming process comprising of over 500+ pages of documentation with legislation, guidelines, fact sheets and application forms. This is normally overwhelming for the busy business person who has to manage their business. The information in this R&D Tax Concession section is provided as a "summary" of general information and should not be taken as financial or legal advice. Contact us for a meeting to discuss this matter further.
Winner Partnership can help your company with: