Research & Development - FundFindrs
R&D Tax Incentive Applications NOW OPEN

Research & Development Tax Incentive

Don’t leave money on the table. Join thousands of Australian businesses benefiting from the R&D Tax Incentive, the Government program that offers tax offsets for research and development activities.

Boost your innovation and discover if you are eligible for significant tax savings.

Over

$20B

invested in R&D in Australia

Claim up to

43.5%

of R&D costs

Average claim size

$395k

for Australian businesses

Expert R&D Tax Incentive Consulting

Your trusted partner to maximise your R&DTI Claims

With a proven track record across diverse industries, our experienced R&D Tax Incentive Consultants handle the entire application process, helping you secure up to 43.5% of your R&D expenses.

  • no-win-no-fee
    No-Win, No-Fee

    Our expert team identifies the best R&D tax incentive opportunities for your business. With our no-win, no-fee offer on R&D applications, we only get paid when you benefit from the tax savings.

  • save-time
    Save Time

    We manage all aspects of your R&D tax incentive applications, from assessing eligible activities to compiling documentation and submitting claims, so you can focus on driving your business forward.

  • collaboration
    Collaborative Approach

    We work closely with you to deeply understand your R&D activities, identifying multiple funding sources and managing R&D tax incentives as your long-term partner.

Scenarios

research-and-development-tax-incentive-Software-Technology-Development-Company-FundFindrs

Industry: Software Development

Turnover: $720,000

R&D spend: $218,390

R&D claim: $95,000

Qualified Activities: Engaged in software development and testing, algorithm optimisation, enhancing cybersecurity measures, and creating new software applications.

Qualified claims: Staff salaries (including superannuation costs), contracted expenditure, electricity bills, office supplies costs, and office rent costs.

research-and-development-tax-incentive-pharmaceutical-biotech-company-fundfindrs

Industry: Pharmaceutical/Biotech

Turnover: $1,200,000

R&D spend: $344,828

R&D claim: $150,000

Qualified Activities: Engaged in drug development and testing, biotechnological research, clinical trials, and formulation of new pharmaceutical products.

Qualified claims: Staff salaries (including superannuation costs), laboratory supplies, electricity bills, office supplies costs, office rent costs, and specialised equipment maintenance costs.

research-and-development-tax-incentive-manufacturing-company-fundfindrs

Industry: Manufacturing

Turnover: $2,500,000

R&D spend: $459,770

R&D claim: $200,000

Qualified Activities: Engaged in product design and testing, process optimisation, development of new manufacturing techniques, and quality control improvements.

Qualified claims: Staff salaries (including superannuation costs), contracted expenditure, electricity bills, office supplies costs, office rent costs, raw materials, and equipment maintenance costs.

research-and-development-tax-incentive-Electrical-Engineering-and-Technology-Company-fundfindrs

Industry: Electrical Engineering

Turnover: $980,000

R&D spend: $252,874

R&D claim: $110,000

Qualified Activities: Engaged in circuit design and testing, development of new electronic devices, software integration, and improving energy efficiency in electrical systems.

Qualified claims: Staff salaries (including superannuation costs), contracted expenditure, electricity bills, office supplies costs, office rent costs, and equipment maintenance costs.

research-and-development-tax-incentive-agritech-platform-fundfindrs

Industry: Agritech Platform

Turnover: $450,000

R&D spend: $183,908

R&D claim: $80,000

Qualified Activities: Engaged in developing smart farming solutions, data analytics for crop management, IoT integration for agricultural equipment, and enhancing sustainable farming practices.

Qualified claims: Staff salaries (including superannuation costs), contracted expenditure, electricity bills, office supplies costs, and office rent costs.

Still unsure if you qualify?

Check your eligibility for FREE and discover how the R&D Tax Incentive can benefit your business.

FAQ

  • What is the R&D Tax Incentive?

    The R&D Tax Incentive (R&DTI) is an Australian Government program that offers tax offsets to eligible businesses conducting research and development activities. Its objective is to encourage innovation and increase competitiveness by reducing the overall cost of R&D activities. This financial support frees up capital for further innovation and growth, enhancing the ability to undertake larger or more complex R&D projects and increasing the competitive edge in the market.

  • Who is eligible for the R&DTI?

    Any company incorporated in Australia that is conducting eligible Research and Development activities can apply for the R&D Tax Incentive (R&DTI). Eligibility criteria includes spending at least $20,000 on R&D and ensuring the activities meet the definition of core or supporting R&D activities as outlined by the program.

     

  • How much can I claim through the R&DTI?

    The claimable amount through the R&D Tax Incentive depends on the turnover of your business. Small businesses with an aggregated turnover of less than $20 million can claim a refundable tax offset of up to 43.5% on eligible R&D expenditure. Larger businesses can request a non-refundable tax offset of 38.5%. You can submit applications for eligible R&D activities conducted in the previous income year, but it’s crucial to maintain accurate records and documentation to support your submissions.

  • What are considered eligible R&D activities?

    Eligible Research and Development activities involve experimental processes aimed at generating new knowledge or improving existing products, processes, or services. These activities require investigation and a level of innovation. Core activities directly contribute to new advancements, while supporting activities assist and enhance the core R&D efforts.

  • How does FundFindrs help with the R&DTI application?

    FundFindrs provides end-to-end support for your R&DTI application. Our experienced consultants handle everything from identifying eligible activities to preparing and submitting the application.

    Our no-win, no-fee policy means we only charge for our services if your R&DTI application is successful. This ensures that we are as invested in your success as you are. Contact us through this page and schedule a FREE consultation to maximise your R&D tax incentive claim.

R&DTI Knowledge Hub

Check out our reports, case studies and other R&D Tax Incentive resources.

Team

Hassan Issa - Business Development Manager at FundFindrs
Hassan Issa

Business Development Manager

Jacob McCullough - Business Development Manager at FundFindrs
Jacob McCullough

Business Development Manager

Geoff Naude - Business Development Manager at FundFindrs
Geoff Naude

Business Development Manager

Bruce Murray R&DTI Consultant
Bruce Murray

R&DTI Consultant

Win Yang - R&DTI Consultant at FundFindrs
Win Yang

R&DTI Consultant

Kate Downing- General Manager at FundFindrs
Kate Downing

General Manager

Jen Manuel - General Manager at FundFindrs
Jen Manuel

General Manager

Lai Arcanjo - Marketing Manager at FundFindrs
Lai Arcanjo

Marketing Manager

Mehul Panchal - Financial Advisor at FundFindrs
Mehul Panchal

Financial Advisor

Mandy Zhang - Financial Advisor at FundFindrs
Mandy Zhang

Financial Advisor

Nicola Mills - Director at FundFindrs
Nicola Mills

Director

Book your FREE 30-minute starter chat with us today

Our consultants are here to help you navigate the complex world of grants, awards and traineeships and find you much needed funds