R & D Tax Incentive


The Research and Development (R&D) Tax Incentive is a generous government initiative that encourages Australian businesses to engage in R&D activities.

Snapshot of the R&D Tax Incentive:

  • It is open to all companies in all sectors that are conducting eligible R&D activities (trusts, partnerships and sole traders are not eligible – ask us how you can restructure to take advantage of the R&D tax offset)
  • Companies may receive a 43.5% refundable tax offset if their aggregated turnover is less than $20 million
  • For companies with an aggregated turnover of greater than $20 million a 38.5% non-refundable tax offset is available

A company must incur R&D expenditure of at least $20,000 in an income year to be eligible to claim the R&D Tax Incentive

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