How to Access Free Money During Times of Economic Uncertainty

As our interest rates and inflation pressures squeeze financing and costs, companies everywhere are not expecting extra monetary assistance from the government.

The best solution however might be through an existing government scheme in the form of R&D tax incentive refunds.

There are millions of companies in Australia and only a tiny fraction of them currently conduct R&D (less than 1%). The effects of interest rates, inflation and the volatile world economic situation on your business is only one of numerous reasons why you should consider adding your company to this list. Most importantly the Chief Economist has found that companies that persistently innovate, grow faster and more consistently than those that don’t.

There likely will not be a more relevant time to reallocate some of your human capital to R&D activities, particularly as you might be challenged to keep or recruit staff. The RDTI represents an opportunity to prioritise important R&D and have the government heavily subsidise your investment, both in your business and your people.

R&D Certainty can help you by removing the mystery surrounding eligibility and ensure that you have an R&D Plan that will help you and your team undertake activities that can be claimed under the program. We will also help you and your team to configure the plan to bring more of your activities under the R&D Tax Incentive.

We also provide templates for record keeping during the year which will provide the necessary evidence that the R&D was actually performed. At the end of the year you and your tax advisor can simply take the plan and documentation and transfer that to the RDTI application and your tax return.

We can even assist you with finding upfront cash on the back of advance funding on an eligible claim to support your business during these challenging times.

R&D is risky, but delivers significant benefits, particularly to young, collaborative SMEs that are hungry for finance and skills. That is why the R&D Tax Incentive was created and why it pays such a generous benefit, in FREE MONEY, to such companies.

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