Any Australian business that is engaged in R&D is eligible for the R&D Tax Incentive. The investment in R&D has to be authentic and verifiable.
The R&D tax incentive is applicable to any size of business, from small and medium sized enterprises through to major corporations. The R&D Tax Incentive is applicable in every conceivable field of business, for example some of our clients are involved in R&D for engineering, software development, environmental solutions, energy solutions, and pizza baking.
If you are developing a new product or service with the intent of commercialising it at some point you are likely to be eligible. HorizonOne will perform an in-depth assessment of your company’s eligible R&D expenditure, we know what is claimable. Call us, you may be pleasantly surprised by how much you are eligible for.