R&D advisory in Australia.
Acclime’s R&D advisory services are delivered by our expert team of R&D and tax consultants. We offer advice, support and project management throughout your entire R&D journey in the Australian market.
Pre-application advice
Application management
Ongoing compliance
We continue to support you with timely filings on an annual basis to ensure that claims are processed promptly, and can assist with Advance and Overseas Findings where relevant.
Our comprehensive range of services includes:
Reviewing your proposed R&D activities to confirm eligibility for the R&D Tax Incentive program
Maintaining a clear register of records to support the work that you are undertaking
Registering your activities with the Department of Industry, Science, Energy & Resources (Department of Industry)
Preparing your R&D Schedule for submission with your Australian company’s Income Tax Return
Managing any enquiries from, or assessments by the Department of Industry
Making timely filings with both AusIndustry and the Australian Taxation Office (ATO) to ensure that claims are processed promptly
Assisting with Advance and Overseas Findings where relevant
What R&D activities are eligible?
Only R&D entities are eligible to claim the R&D Tax Incentive. R&D entities are companies incorporated in Australia, including proprietary companies (Pty Ltd), as well as other Australia corporate tax residents. The activities eligible under the scheme are as follows:
Experimental activities:
Whose outcome cannot be known or determined in advance on the basis of current knowledge, information or experience, and can only be determined by applying a systematic progression of work that:
- is based on principles of established science
- proceeds from hypothesis to experiment, observation and evaluation, and leads to logical conclusions
- is conducted for the purpose of generating new knowledge (including improved materials, products, devices, processes or services)
Supporting R&D activities that are directly related to core R&D activities, or are undertaken for the dominant purpose of supporting core R&D activities.
