Find out if your business qualifies for the R&D Tax Incentive in just a few steps.
Most businesses assume R&D means white coats and prototypes. It doesn't.
For the Australian Government, R&D means:
Solving problems
Trying new approaches
Improving efficiency
Making things better
If your business has engaged in any of these activities, you may be eligible to recoup up to 43.5% of your expenditure.
Step 1 of 5
Sole traders, partnerships, and trusts do not qualify directly. However, they can access a wide range of other government grants and incentives.
Reach out to Alan Baghdasarayan, Government Grants & Incentives Director at BridgePoint Group who will provide a free 30-minute consultation to determine whether or not your business qualifies any government grants and incentives..
Step 2 of 5
To claim the R&D Tax Incentive, you need at least one core R&D activity and they must:
Involve experimentation based on a hypothesis.
Aim to generate new knowledge – about services, products, materials, devices, or processes.
Have outcomes that can't be known in advance.
Reach out to Alan Baghdasarayan for a free 30-minute consultation to see whether your company may qualify for other government grants and incentives.
Step 3 of 5
$20,000+
Your total eligible R&D expenditure must exceed $20,000 per income year.
Wait — there's an exception.
If you use a registered RSP (Research Service Provider), you can claim even if your spend is below the $20,000 threshold. This rule helps smaller businesses access the scheme without needing massive budgets upfront.
Most businesses miscalculate their total R&D expenditure by not including all eligible costs (particularly indirect costs), missing out on significant refunds.
Reach out to Alan Baghdasarayan to book a free 30-minute consultation and find out whether your eligible expenditure reaches the $20,000 threshold.
Based on your answers, you're eligible to claim the R&DTI.
Step 4 of 5
Keep documents that show:
What you tested, when, and why.
The outcomes of experiments.
Costs, invoices, and staff time linked to R&D.
Here’s the part most businesses skip. The R&D Tax Incentive is self-assessed, which means you must keep evidence that your work qualifies.
If you don't have all the records of your R&D activities, don't worry. This can be addressed at the end of the FY or before you start your application.
Please contact Alan Baghdasarayan to book a free 30-minute consultation and ensure your records are compliant. We can assist you in organising your documentation so it is properly substantiated against your R&D activities.
Step 5 of 5
The benefits of partnering with
an R&D Tax Incentive expert:
Identify which activities genuinely qualify.
Comprehensive financial analysis to capture all relevant activities and expenses.
Prevent errors to avoid refund delays or fines.
Legitimately maximising your claim.
Reducing timeframes, costs and resources.
Ensure you are not relying solely on a general accountant for your claim. The R&DTI is a specialist field. Navigating its complexities without expert guidance can be challenging and may jeopardise the success of your application.
Why partner with us:
$250M+
R&D expenditure claimed
1,000+
claims
4 weeks
turnaround
Cross-industry
expertise
Success-based approach.
You only pay once your claim is approved.
Fee options: fixed fee or a percentage of benefit.
Effective process to legitimately maximise your returns.
We stand by our results because we only lodge claims that are technically robust and fully compliant with tax law.
Lodgements close on 30 April.
Alan Baghdasarayan
Government Grants & Incentives Director
WE know BUSINESS