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
• 33.5%-46.5% non-refundable tax offset, depending on your turnover and R&D intensity, to eligible entities with an aggregated turnover greater than $20 million per annum.

You may be eligible if:

• You are an Australian company (or an Australian resident company incorporated under a foreign law)
• You are conducting eligible R&D activities
• You have incurred eligible R&D expenditure of at least $20,000.

Connectiv Group can assist you with all stages of the R&D Tax Incentive Process, including:

• Assessment of R&D Eligibility
• Registration of R&D Activities
• R&D Expenditure
• Record Keeping
• ATO or AusIndustry Compliance Activities
• Overseas & Advance Findings
• Consulting and Advice
• Corporate Structuring. 

Connectiv Group respects the relationship that exists between clients and their Accountants, Tax Agents and Financial Advisors. We work together with them to deliver optimal outcomes.