04: R&D Tax Incentive: Are You Getting the Most Out of Your Investment in Innovation?

Does your business invest in innovation? Find out how the R&D Tax Incentive can help support your R&D activities. Sally interviews R&D advisor Ellie Murdoch on the intricacies of the R&D Tax Incentive. Understand the eligibility criteria and application process to see if your business can access the program.

Does your business invest in innovation? Find out how the R&D Tax Incentive can help support your R&D activities.

Sally interviews R&D advisor Ellie Murdoch on the intricacies of the R&D Tax Incentive. Understand the eligibility criteria and application process to see if your business can access the program.

In this episode of the Smarten Up! The Tax and Business Podcast, you’ll learn:

Eligibility for the R&D Tax Incentive (01:10)
Financial benefits for companies (02:33)
What constitutes eligible R&D activities with a case study (04:09)
Substantiating your claim with documentation (09:39)
Key steps to apply for the R&D Tax Incentive (12:16)

The R&D Tax Incentive offers tax incentives for innovative Australian companies across various industries. Whether you’re just starting to plan your R&D project or have made a claim previously, this episode provides invaluable insights on how you can fund your innovation and assess your eligibility to the program.