INNOVATION + CASH REWARD
At R&D Assist, we specialise in helping Australian businesses unlock the full potential of the R&D Tax Incentive. As trusted R&D consultants, we guide you through every step of your claim, from eligibility assessment to lodgement and compliance. Our team of experienced R&D tax advisors ensures you maximise your entitlements while keeping the process simple and stress-free.
The Research and Development Tax Incentive is a business assistance program offered by the Australian
Government to encourage and support Australian companies to undertake R&D activities that they may not otherwise be willing to attempt without government cash assistance. READ MORE
R&D activities are generally new, innovative activities (goods or services or information technology systems) with outcomes that a competent professional can’t know or determine in advance, based on current knowledge, information and experience.
Unfortunately many Australian companies undertake qualifying R&D activity and don’t realise they can claim cash refunds back from the ATO.
If your company has an annual turnover below $20 million and spends over $20,000 on eligible R&D activities then 43.5% of monies spent on eligible R&D expenditure is paid back to the company in cash by the ATO, less any other tax liability.
Australian businesses often miss out on valuable tax incentives because they are unsure whether their projects qualify for the Research and Development Tax Incentive. Working with an experienced R&D consultant ensures your claim is prepared correctly and complies with government requirements.
At R&D Assist, our team of R&D tax consultants help businesses identify eligible activities, calculate claimable expenditure and prepare accurate documentation. Whether you’re developing innovative software, manufacturing products or conducting scientific research, our R&D consulting services are designed to maximise your refund while minimising compliance risks.
As trusted R&D tax advisors and R&D tax accountants, we provide end-to-end support throughout the entire claim process.
Our team identifies which of your activities qualify for the R&D Tax Incentive, so you can confidently claim all eligible projects.
We prepare and submit accurate R&D tax incentive claims on your behalf, maximising refunds while ensuring full compliance.
From strategy to audit support, our research and development tax consultant provide expert advice to help you navigate complex government requirements.
As experienced R&D tax accountants, we provide ongoing reporting, financial modelling, and advisory services to maintain compliance and optimise future claims.
We work with companies across multiple sectors, including:
No matter your industry, our R&D consultants tailor advice to maximise your R&D tax incentive.
Our R&D consulting process is simple and transparent:
Our R&D tax advisors work alongside your accountants and business stakeholders to ensure every eligible expenditure is accurately claimed.
Partner with expert R&D consultants and R&D tax accountants who have helped hundreds of Australian businesses secure R&D tax incentives. Contact R&D Assist today to schedule your consultation and maximise your R&D refunds.
The Research and Development Tax Incentive is a program run by the federal government that offers a tax offset for engaging in eligible R&D activities. In place since 2011, Designed to encourage businesses to invest in new techniques, products and technologies in their respective industries.
You’re able to claim back a refundable 43.5% of the costs used in your eligible R&D activities if your business had a turnover of less than $20 Million AUD. If you had an aggregate turnover over $20 million AUD, you can claim a nonrefundable 38.5%.
Yes. If you’ve spent at least $20,000 AUD on eligible R&D activities, you may qualify for the R&D tax incentive.
Your business needs to be:
There are strict criteria your business needs to meet in order to qualify for the R&D Tax Incentive. Essentially, it’s about finding out new information. Your businesses research and development activities must be considered as either core or supporting activities.
The R&D Tax Incentive is administered by both the Australian Tax Office (ATO) and the Industry of Innovation and Science Australia (IISA).
The program falls under the legal jurisdiction of two key pieces of legislation. Division 355 of the Income Tax Assessment Act 1997 and Part III of the Industry Research and Development Act 1986.
To calculate, simply multiply the level you are eligible for (38.5% or 43.5%) by your expenditure on R&D activities. For example, if you’ve spent $800,000 AUD, then you would be eligible for a $348,000 return as illustrated below.
Eg. 43.5% (0.435) x 800,000 = $348,000
The R&D Tax Incentive has helped many industries across Australia, including fields like:
Contact R&D Assist today to find out how we can help you achieve the maximum refund for your business. Email admin@RnDAssist.com.au or call 041-3333-452 for a free no obligation chat.
An R&D tax incentive consultant can help you determine whether your business activities qualify for the Australian R&D Tax Incentive and ensure your claim is accurate and compliant. Working with an experienced consultant reduces the risk of errors, maximises your eligible claim amount, and saves valuable time. At R&D Assist, we provide end-to-end support, from eligibility assessments to claim preparation and lodgement.
An R&D consultant helps businesses identify eligible research and development activities and guides them through the R&D Tax Incentive application process. This includes reviewing projects, assessing qualifying expenditure, preparing technical and financial documentation, and ensuring compliance with government requirements. Our R&D consulting services are designed to simplify the process and help Australian businesses access the tax benefits they are entitled to.
Yes. Experienced R&D tax accountants can help maximise your claim by identifying all eligible R&D expenses and ensuring they are correctly documented. They work closely with business owners to prepare accurate financial information and support compliance requirements. By engaging R&D tax accountants with specialist knowledge of the R&D Tax Incentive, businesses can improve the quality and value of their claims.
The cost of R&D consulting services varies depending on the complexity of your claim and the level of support required. At R&D Assist, we offer flexible engagement options, including a no win, no fee arrangement for eligible clients. During your initial consultation, we will assess your project and provide a transparent explanation of any applicable fees before proceeding.
An R&D tax consultant provides specialised advice and practical assistance with preparing and lodging R&D Tax Incentive claims, while an R&D tax advisor offers strategic guidance on eligibility, compliance, and tax outcomes. In many cases, professionals provide both services as part of a comprehensive R&D consulting solution. At R&D Assist, our team combines technical expertise and taxation knowledge to support businesses throughout the entire R&D claim process.
We specialise in R&D claims and assisting clients with an annual turnover below $20 million every step of the way to optimise their R&D process from:
R&D claim preparation, compliance and lodgement; and /or
Tax Return preparation, compliance and lodgement
We charge on a no win no fee basis.