To encourage companies to engage in more research and development activities that will benefit the country, the Australian government provides a tax offset (or rebates) to companies on payable taxes. This tax offset is known as R&D Tax incentive.

In addition to encouraging companies to engage in R&D activities, with the R&D tax incentive, the government also aims to:

  1. Enhance productivity and encourage competitiveness to boost Australian economy
  2. Offer more predictable and less complex support to companies
  3. Push smaller establishments to engage in R&D by improving their incentive

Book a consultation with us to discuss your R&D tax incentives and we will help you answer some of your most pertinent questions like;

What is the eligibility criteria for the R&D tax incentive?

What is the process to apply for the tax offset?

What R&D Tax Incentives can I claim?

When should I claim for R&D tax credit?

How do I claim R&D Tax Incentives

With Femia Accountants, you can be confident that your eligible application will be prepared smoothly and ensure that it will be successfully accepted.