Unclaimed Treasures: the curious case of Sydney’s lottery winner

So, get this, guys! There’s this lottery player, right? A real character, living out in the suburbs of Sydney. Every year, on the 30^th of April, like clockwork, he would saunter into the Newsagency to place his bets. I mean, this lottery player’s dedication was legendary! And you know what? Luck seemed to be on his side because every single month, he’d snag a winning ticket. Jackpot, baby! But here’s the kicker: he never, I mean never, showed up to collect his winnings. Can you believe it?

Now, let me tell you, this became the talk of the Newsagency. “Hey, have you heard about the guy who always wins but never cashes in?” It was like a sitcom plot unfolding right there. And soon enough, the gossip spread like wildfire, reaching every nook and cranny of Australia.

People had all sorts of theories. Some said the lottery player was just clueless; didn’t even realise he’d hit the jackpot. Others thought he was in disbelief, like he couldn’t wrap his head around his own good fortune. Then there were the real conspiracy theorists, cooking up wild stories about him thinking the process to claim his winnings was too much hassle. I mean, who wants to deal with all that paperwork, am I right?

But the craziest theory? This lottery player thought the Newsagency only paid out big bucks, like those million-dollar prizes you see on TV. So, he figures, “Why bother with my chump change winnings?” It’s like thinking you can only get prime rib at a steakhouse and passing up on the burger joint next door. Classic mix-up!

Here’s the punchline: despite all the speculation, nobody ever figured out why this lottery player left all that cash on the table. It’s like a mystery wrapped in an enigma, sprinkled with a little bit of absurdity.

And get this, when you swap out “Newsagency” for “ATO,” “winning ticket” for “R&D Tax Incentive,” and “lottery player” for yourself, suddenly this probably becomes your own story.

Ah, life’s little mysteries, folks!

Skipping the R&D Tax Incentive is like letting a winning lottery ticket expire. And approximately 70% of companies do exactly that. They are eligible for the R&D Tax Incentive but they simply do not claim it. Either because they don’t even know they are eligible for it, or because they don’t know how to claim it.

Don’t be like the majority and miss out. We help you navigate the R&D claim process from start to finish.

So you don’t even have to bother in going to the Newsagency.

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Alan Baghdasarayan

GOVERNMENT GRANTS & INCENTIVES DIRECTOR

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