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Who Can Claim R&D Tax Breaks?
Research and Development tax breaks are open to all smart companies including Inventors, Tinkers, Clever Mums and Dads, Manufacturers, Small and Micro Businesses, Producers, Software Creators, Service Businesses and more.
Claimants can be of any size, in any industry and in any location all over Australia.
It is irrelevant if your company doesn’t yet have any income, or is not yet profitable. The most important thing is that you are spending money on R&D that will benefit Australia.
In fact to get the largest R&D Tax refund, it works out best if you are actually in a tax loss position. So start-ups, risky ventures and high cashflow businesses actually stand to get the most support from R&D Tax Breaks.
But even if you are a normal business, doing well and making a profit why wouldn’t you put your claim in to save thousands of dollars in tax? After all it is probably what your competitors are doing. And with our help, getting your money has never been easier.
