About R&D Tax incentive

What is the R&D Tax Incentive?

The Research and Development Tax Incentive (R&D) is a program designed to increase participation in the Australian Innovation Economy. Eligible businesses can receive a tax rebate on eligible R&D activity.

The amount varies depending on the size of the business and annual turnover, but can be broken down into two key categories:

SME’s and Start-ups:

SME’s and start-ups that turn over less than $20 million annually can receive a rebate up to 43.5% for R&D activities.

Large Businesses:

For large businesses with more than $20 million aggregated annual turnover, the offset is a non refundable carry forward deduction of 38.5%.

R&D Tax Incentive Key Dates

For June year end companies

Registrations Open for FY 19/20 activities: July 1st 2020

Registrations Close for FY 19/20 activities: April 30th 2020

Advanced Finding Cut Off for FY19/20 activities: June 30th 2020

For December year end companies

Registrations Open for FY 19/20 activities: January 1st 2020

Registrations Close for FY 19/20 activities: October 31st 2020

Advanced Finding Cut Off for FY19/20 activities: December 31st 2020

How can Avant Research help?

Avant Research provides a range of technical project management services including:

• R&D project management services
• Technical consulting
• Document/project write up services
• Compliance advisory services
• All AusIndustry auditing management included at no additional cost

For more information about Avant Research’s services, please view our various services on this website.

Avant Research is government accredited and will provide you with a dedicated R&D manager who will guide you through every step of the way.