Get the Most Out of Your R&D Tax Incentive
FastLane Group provides expert advice and support to businesses that are applying for the R&D tax incentive in Australia. We can help you understand the eligibility requirements, identify your eligible R&D activities, and prepare and submit your claim.
The R&D tax incentive is a significant driver of innovation in Australia. It encourages companies to undertake R&D activities they might not otherwise be able to fund, but many companies find accessing tax incentives difficult and time-consuming.
Get the Most Out of Your R&D Tax Incentive 
Identifying eligible R&D activities
We can help you identify your eligible R&D activities, including core and supporting activities and help you classify your activities to ensure that you are maximizing your eligibility.
Analyzing eligible R&D expenditure
We can analyse your eligible R&D expenditure to ensure that you are claiming the correct amount and help you understand more complex rules regarding feedstock, capital acquisitions, and “on own behalf” expenses.
Advising on the best way to structure future R&D projects
We can advise you on the best way to structure your future R&D projects to maximize your benefit from the R&D tax incentive and help you identify the most eligible activities and ensure that you are maximizing your expenditure.
More about R&D Tax Incentive
What is the R&D tax incentive?
- A government program that provides financial support to businesses that undertake eligible R&D activities.
- The aim of the program is to encourage innovation and commercialization of new products, processes, and services.
Who is eligible for the R&D tax incentive?
- All businesses, regardless of their size or industry.
What are the eligible R&D activities?
- Novel, innovative, and high-risk research and development activities.
How much is the R&D tax incentive?
- The amount of the R&D tax incentive depends on the type of business, the amount of R&D expenditure, and the intensity of the R&D activities.
How to apply for the R&D tax incentive?
- The application process can be complex and time-consuming. Fastlane can help you with the application process.
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