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
Hassan Issa

Business Development Manager

Jacob McCullough Business development manager fundfindrs
Jacob McCullough

Business Development Manager

Geoff Naudi Business development manager fundfindrs
Geoff Naude

Business Development Manager

Bruce Murray R&DTI Consultant
Bruce Murray

R&DTI Consultant

Win Yang
Win Yang

R&DTI Consultant

Kate Downing general manager fundfindrs
Kate Downing

General Manager

Jen Manuel general manager fundfindrs
Jen Manuel

General Manager

Lai Arcanjo Marketing Manager FundFindrs
Lai Arcanjo

Marketing Manager

Mehul Panchal financial advisor fundfindrs
Mehul Panchal

Financial Advisor

Mandy Zhang financial advisor fundfindrs
Mandy Zhang

Financial Advisor

Nicola Mills director 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