R&D Tax Incentive

Connectiv Group has successfully helped businesses across a range of different industries obtain the R&D Tax Incentive.

The R&D Tax Incentive encourages companies to engage in R&D benefiting Australia, by providing a generous tax offset for eligible R&D expenditure on R&D activities.

Available tax offsets are:

  • 43.5% refundable tax offset to eligible entities with an aggregated turnover less than $20 million per annum
  • 38.5% non-refundable tax offset to other eligible entities with an aggregated turnover greater than $20 million per annum.
  • You may be eligible if: 
  • You are an Australian resident company (even if incorporated under a foreign law)
  • You are conducting eligible R&D activities
  • You have incurred eligible R&D expenditure or notional deductions of at least $20,000 
  • Connectiv Group can assist you with all stages of the R&D Tax Incentive Process, including:
  • Assessment of Eligibility
  • Registration of R&D Activities
  • R&D Expenditure
  • Record Keeping
  • ATO or AusIndustry Compliance Activities
  • Overseas & Advance Findings
  • Consulting and Advice 
  • Connectiv Group respects the relationship that exists between Accountants, Tax Agents, Financial Advisors and their clients. We provide resources and consulting experience to assist with the R&D Tax Incentive application process.