A Better Business for Good TV Resource

A Guide to the Australian Govt Research and Development Tax Incentive

The R&D Tax Incentive is the Australian Government’s principal measure to encourage industry investment in research and development (R&D).   It is a broad-based, market-driven program that aims to boost company competitiveness, improve productivity and deliver economy-wide benefits to Australia.

Most business owners have no idea that the way they’ve tackled a problem constitutes research and development, and that they can claim offsets from the government to pay for that business activity.

I’ll review your practices to uncover what you take for granted as business as usual. Then I’ll find you government money for it, step you through the AusIndustry process to access the funding, and celebrate your success as you amp your business up a notch or two.

Scott Amberley

Granted R & D

What’s inside

  • What are the R & D Tax incentives?
  • What are the eligibility criteria?
  • What kinds of activities constitute New Knowledge?
  • Criterion 1: Conducting experimental activities
  • Criterion 2: Generating new knowledge.
  • Is technology covered?
  • Understanding eligibility of software development activities
  • What kind of records do I need to keep?.