Don’t be one of the 70% of eligible businesses leaving money on the table.

The R&D Tax Incentive

The R&D Tax Incentive is one of the best government incentives out there — regardless of your business size. Offered by the Australian Taxation Office and AusIndustry, it provides a generous offset to encourage research and development activities that can benefit the national economy.

For companies with a turnover under $20 million, it can deliver a cash benefit of up to 43.5 percent. For those with a turnover more than $20 million, the benefit is still significant, at 8.5 percent.

To qualify, you need to be an Australia-based business that has participated in one or more of the following activities over the last year:

  • Developed an innovative product, service, device or process
  • Outsourced research activities
  • Licensed new technology and tried it on a trial basis
  • Attempted to solve an industry-wide problem
  • Completed trials that led to lost goods
  • Other activities intended to generate new knowledge

You may be conducting research and development without knowing. And you’re not alone. A shocking 70 percent of eligible businesses aren’t currently taking advantage of the R&D incentive, effectively leaving money on the table.

Claim Your Cash

At CharterNet, we’ll manage the entire application process for you, including prepping and submitting your documents. Plus, there’s no up-front or minimum fee. In fact, if your incentive isn’t granted, there’s no fee at all.

Our Process

1

Discover

We work with you to define eligibility and identify potential R&D projects.

2

Document

Using our unique interview-based ‘reverse audit methodology,’ we prepare your recommended supporting documentation, including R&D project plans.

3

Calculate

We calculate your eligible R&D expenditure on a project-by-project basis.

4

Lodge

We prepare your application for registration of R&D activities for lodgement with AusIndustry, and if approved, the R&D schedule for lodgement with the Australian Taxation Office.

5

Assess

We liaise with AusIndustry and the Australian Taxation Office in the event of any review or audit.

We’ve helped companies of all shapes and sizes, from a wide range of industries, maximize their claim for the R&D Tax Incentive. With a 100-percent success rate and over $100 million in R&D incentives claimed to date, we’re sure we can help yours too.