Confidently Prepare your R&D Tax Incentive Claim with Us

Work with a multi-disciplinary team who can really understand your R&D activities and eligibility.

The Go-To-Firm for Australia's R&D Tax Incentives

We have processed over 3,000 R&D claims and secured more than $650M in R&D benefits for clients.

What Our Clients Say

I can’t recommend the team at InCorp Advisory highly enough. We brought them on board to handle our company’s R&D claim and from initial submission through to a prelim audit they were efficient, professional and delivered on every promise. I was so impressed I now even use them to manage my personal tax affairs.

Kit Lakin

Co-Founder Lendly

I've been using the services of InCorp Advisory for the past 5 years and found their contribution to my businesses practical and invaluable. From their business advisory to taxation matters right up to their virtual CFO roles, their level of engagement and commitment has been nothing short of absolute brilliance.

Avi Ramcharan

Head of Business Australia Pharmaco

Saeed and his dynamic team are always responsive and happy to lend a hand with simple and complex matters. Over the years I’ve recommended the services of InCorp Advisory to a number of industry colleagues and every one of them still continues to praise the efforts and capabilities of the company.

Tommy Lim

Managing Director of SF Capital

Coming across someone like InCorp Advisory’s Sameer is a very rare find. He’s one in one hundred. Working with him is easy; his advice is always right and he gets on with the job. InCorp is an essential part of our business.

James Bruce

Co-Founder of StrangeLove Beverage Co

In an industry that’s renowned for slow and stuffy thinking, InCorp Advisory is the next generation solution. They're unmatched for speed and quality of thought—and anybody who wants to grow in a modern world would be wise to have them on the team.

Ashton Bishop

CEO of Step Change

Simplifying The Process

We are the go-to firm for growth and emerging companies, with Big 4 expertise and a multi-disciplinary team that can really understand your research and development activities.

Our in-house team of accountants, well-versed in the fields of software development, engineering and science provide a full solution to:

Offer success-based fees with no upfront cost;
Minimise your time commitment by transferring the bulk of document preparation to us, significantly saving your team valuable time;
Average completion of the R&D claim from start to lodgement of 5-6 weeks.

We have:

30+ years experience support Australian & International Businesses
Invite-only Membership of the NSW State Reference Group

What Can You Potentially Claim?

InCorp has

Our Service

Understanding the R&D Tax Incentive

Applies to companies incorporated in Australia
Eligibility centred around new knowledge, technical unknowns and experimentation
Minimum cash benefit of 18.5c in the dollar (max 43.5c) for companies with less than $20m turnover
Must be lodged with AusIndustry within 10 months following financial year-end
Includes salaries/wages, contractors, materials and overheads.

Are you eligible?

At a high level if the answer to each of the following is “YES“, there is potential for an R&D Tax Incentive claim:

Do you operate your business via a company incorporated in Australia?
Are you attempting to develop new/improved materials, products, devices, processes or services?
Are you conducting systematic experimentation for the purpose of creating new knowledge?
Does your experimentation contain technical unknowns?
Have you spent at least A$20,000 on the R&D Project?
Do you hold or have right to the resultant IP?
Were the activities conducted in Australia?

Overseas activities can be claimed in some circumstances for which a special application is required.

Types of Activities

Core

Technically innovative projects that generate new breakthroughs in scientific knowledge, products or processes.

Supporting

Any activity conducted to support a Core Activity.

A company claiming R&D can claim expenditure on both Core and Supporting R&D activities.

Typical Industries

Technology/Software

Pharmaceutical

Engineering

Manufacturing

Agriculture/Aquaculture

Mining/Mining Services

Resources

R&D Tax Incentive Fact Sheet

Download the R&D Tax Incentive Fact Sheet to see what you might be entitled to claim.

R&D Capability Statement – Food & Beverage

Understand how the R&D Tax Incentive could benefit your Food & Beverage business.

R&D Capability Statement – BioTech

Understand how the R&D Tax Incentive could benefit BioTech businesses.

R&D Capability Statement

Download InCorp Advisory’s R&D Tax Incentive Capability Statement.

The Value We Can Add to Your R&D Process

Unmatched Expertise

Unlike our competitors, our team is composed of STEM and accounting professionals.

This ensures a deep understanding of the scientific and technological intricacies of your projects, setting us apart from firms with only a handful of experts.

Specialists in Fast-Growth

As the go-to-firm for emerging & growth

Benefit from our deep bench of specialists across government incentives, tax & advisory, corporate governance and finance function

Documentation Support

Beyond securing your R&D tax incentives, we help you implement best-practice documentation processes to ensure you claim for all eligible R&D activities.

FAQs

What is government funding in Australia?

The Australian Government offers grants to a large number of stakeholders that are often used to attain government policy goals.

What are the benefits of getting government incentives in Australia?

Benefits from claiming government incentives can include:

A significant annual boost to cash flow
A significant reduction to the cost of innovation
Financial support to expand the scope of existing or planned research and development activities.

What are some Australian government incentives for small businesses?

They are: