![\"What](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD1Whatis.jpg\")
<\/a><\/div>What is the R&D Tax Incentive?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]The R&D Tax Incentive is the largest single program in Australia to help business undertaking research and development. Over $2.9 billion is...<\/div><\/div><\/article><\/div>![\"How](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD2Howmuch.jpg\")
<\/a><\/div>How much can you receive?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]How much you can benefit depends on your company turnover and your company tax position. Companies with a turnover <$20m The...<\/div><\/div><\/article><\/div>![\"How](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/Home_Start.jpg\")
<\/a><\/div>How to Apply<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Registration is required for each year of income in which R&D expenditure is incurred. Registration must be lodged no later than 10...<\/div><\/div><\/article><\/div>![\"R&D](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD4AppProc.jpg\")
<\/a><\/div>R&D Application Process<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Learn the 8 steps to applying for the R&D Tax Incentive by using the flow chart . Sounds too complicated? Let us...<\/div><\/div><\/article><\/div>![\"Check](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD5AmI.jpg\")
<\/a><\/div>Are you eligible?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Before getting swept away with the thought of thousands of dollars cash-back for your business, you really need to examine your eligibility...<\/div><\/div><\/article><\/div>![\"Applicant](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD6Test1.jpg\")
<\/a><\/div>Test 1. Applicant Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]An applicant must be: A company incorporated in Australia. A corporation that is an Australian resident for tax purposes. A foreign corporation...<\/div><\/div><\/article><\/div>![\"Activity](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD7Test2.jpg\")
<\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div>![\"Expenditure](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD8Test3.jpg\")
<\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div>![\"Turnover\"](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD9Ex1.jpg\")
<\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div>![\"Turnover\"](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD10Ex2.jpg\")
<\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div>![\"10M](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD11Ex3.jpg\")
<\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div>![\"10M](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD12Ex4.jpg\")
<\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div>![\"Best](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD13BestPrac.jpg\")
<\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div>![\"Who](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD14Who.jpg\")
<\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>How much can you receive?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]How much you can benefit depends on your company turnover and your company tax position. Companies with a turnover <$20m The...<\/div><\/div><\/article><\/div><\/a><\/div>How to Apply<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Registration is required for each year of income in which R&D expenditure is incurred. Registration must be lodged no later than 10...<\/div><\/div><\/article><\/div><\/a><\/div>R&D Application Process<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Learn the 8 steps to applying for the R&D Tax Incentive by using the flow chart . Sounds too complicated? Let us...<\/div><\/div><\/article><\/div><\/a><\/div>Are you eligible?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Before getting swept away with the thought of thousands of dollars cash-back for your business, you really need to examine your eligibility...<\/div><\/div><\/article><\/div><\/a><\/div>Test 1. Applicant Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]An applicant must be: A company incorporated in Australia. A corporation that is an Australian resident for tax purposes. A foreign corporation...<\/div><\/div><\/article><\/div><\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div><\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>How to Apply<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Registration is required for each year of income in which R&D expenditure is incurred. Registration must be lodged no later than 10...<\/div><\/div><\/article><\/div><\/a><\/div>R&D Application Process<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Learn the 8 steps to applying for the R&D Tax Incentive by using the flow chart . Sounds too complicated? Let us...<\/div><\/div><\/article><\/div><\/a><\/div>Are you eligible?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Before getting swept away with the thought of thousands of dollars cash-back for your business, you really need to examine your eligibility...<\/div><\/div><\/article><\/div><\/a><\/div>Test 1. Applicant Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]An applicant must be: A company incorporated in Australia. A corporation that is an Australian resident for tax purposes. A foreign corporation...<\/div><\/div><\/article><\/div><\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div><\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>R&D Application Process<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Learn the 8 steps to applying for the R&D Tax Incentive by using the flow chart . Sounds too complicated? Let us...<\/div><\/div><\/article><\/div><\/a><\/div>Are you eligible?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Before getting swept away with the thought of thousands of dollars cash-back for your business, you really need to examine your eligibility...<\/div><\/div><\/article><\/div><\/a><\/div>Test 1. Applicant Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]An applicant must be: A company incorporated in Australia. A corporation that is an Australian resident for tax purposes. A foreign corporation...<\/div><\/div><\/article><\/div><\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div><\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Are you eligible?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Before getting swept away with the thought of thousands of dollars cash-back for your business, you really need to examine your eligibility...<\/div><\/div><\/article><\/div><\/a><\/div>Test 1. Applicant Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]An applicant must be: A company incorporated in Australia. A corporation that is an Australian resident for tax purposes. A foreign corporation...<\/div><\/div><\/article><\/div><\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div><\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Test 1. Applicant Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]An applicant must be: A company incorporated in Australia. A corporation that is an Australian resident for tax purposes. A foreign corporation...<\/div><\/div><\/article><\/div><\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div><\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Test 2. Activity Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text]Under the R&D Tax Incentive, a distinction has to be made between core and supporting R&D activities and these need to be...<\/div><\/div><\/article><\/div><\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Test 3. Expenditure Eligibility<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]The R&D Tax Incentive is not subject to an expenditure cap. However, for any R&D expenditure above $150 million, companies will only...<\/div><\/div><\/article><\/div><\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Example 1: Turnover <20M in Loss<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position LOSS of $1 million Eligible R&D Expenditure $1 million Benefit $435,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Example 2: Turnover <20M in Profit<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover <$20 million Taxable Position PROFIT of $1 million Eligible R&D Expenditure $1 million Benefit $185,000 ($1 million\u00a0 x 43.5% =...<\/div><\/div><\/article><\/div><\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>2% R&D Intensity)\" \" rel=\"bookmark\">Example 3: Turnover 20M to 50M (>2% R&D Intensity)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover $20 to $50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $10 million R&D...<\/div><\/div><\/article><\/div><\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>50M (R&D Intensity < 2%)\" \" rel=\"bookmark\">Example 4: Turnover >50M (R&D Intensity < 2%)<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text] Turnover >$50 million Taxable Position PROFIT or LOSS Eligible R&D Expenditure $1 million Total Company Expenditure $100 million R&D Intensity 1%...<\/div><\/div><\/article><\/div><\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>Best Practice R&D Planning<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]While GrantReady can take care of the hard work of submitting a claim, a lot still hinges on your company\u2019s ability to...<\/div><\/div><\/article><\/div><\/a><\/div>Who runs it?<\/a><\/h3>[vc_row][vc_column][vc_row_inner][vc_column_inner width=”2\/3″][vc_column_text]AusIndustry, a division of the Department of Industry, Science and Resources and the Australian Taxation Office (ATO) share the responsibility for the...<\/div><\/div><\/article><\/div>
<\/a><\/div>![\"Other](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD15Other.jpg\")
<\/a><\/div>![\"Relax.](\"https:\/\/grantready.com.au\/wp\/wp-content\/uploads\/2018\/02\/RD16GetHelp.jpg\")
<\/a><\/div>