R&D Tax Incentive

Connectiv Group has successfully helped businesses across a range of different industries obtain the R&D Tax Incentive.

The R&D Tax Incentive encourages companies to engage in R&D benefiting Australia, by providing a generous tax offset for eligible R&D expenditure on R&D activities.

Available tax offsets are:

• 43.5% refundable tax offset to eligible entities with an aggregated turnover less than $20 million per annum
• 38.5% non-refundable tax offset to other eligible entities with an aggregated turnover greater than $20 million per annum.

You may be eligible if:

• You are an Australian resident company (even if incorporated under a foreign law)
• You are conducting eligible R&D activities
• You have incurred eligible R&D expenditure or notional deductions of at least $20,000 

Connectiv Group can assist you with all stages of the R&D Tax Incentive Process, including:

• Assessment of Eligibility
• Registration of R&D Activities
• R&D Expenditure
• Record Keeping
• ATO or AusIndustry Compliance Activities
• Overseas & Advance Findings
• Consulting and Advice 

Connectiv Group respects the relationship that exists between Accountants, Tax Agents, Financial Advisors and their clients. We provide resources and consulting experience to assist with the R&D Tax Incentive application process.