Your 2021 FY application deadline for the R&D tax incentive is approaching.

If your innovation and development expenditure during the tax year ended 30 June 2021 meets the eligibility criteria under the Government’s R&D Tax Incentive, your commitment to advancement can be rewarded with lower tax payable or obtaining cash refunds. Submit your application by 30 April 2022.

There may also be an ability to obtain R&D finance now to enable you draw down up to 80% of what you have already spent in the 2021 or current 2022 year based on your eligible R&D activities.

Whether you are a new applicant, returning applicant, have a compliance issue, risk review or even an adverse finding, we’re ready to help.