That’s right, a staggering 70% of companies that are eligible to claim the R&D Tax Incentive don’t.
Typically, companies either don’t know about the Govt’s R&D Tax Incentive and file it under the too hard basket.
But why would someone turn their back on company growth and a potential cash refund equal to 43.5% of R&D expenditure?
Mind you, this is R&D expenditure that has already been incurred during the financial year ended 30 June 2019.
So, with the lodgement season now open, we’re giving you plenty of notice.
Don’t be part of that 70%.
Make sure you take the Gvot’s incentive into consideration as it will drive your innovation.
It’ll help you budget for this year’s R&D projects, and position your business for growth.
Call us for an obligation free consultation to make sure you’re not one of the 70% of companies missing out on claiming a cash refund.
Within 15 minutes we can let you know whether or not you qualify to claim the R&D Tax Incentive.