R&D Tax Incentive
Maximise your R&D
funding opportunities
with tailored solutions
Unlock the full potential of the R&D Tax Incentive program with Nexus Point. Our expert guidance ensures your business receives the financial support it deserves, helping you innovate with confidence. From eligibility assessments to seamless submissions, we simplify the process and deliver measurable outcomes.
- Maximised benefits: ensure your claims are optimised for the best possible outcome.
- Hassle-free process: we handle the complexities of the application, saving you time.
- Expert guidance: understand and leverage the R&D Tax Incentive with confidence and clarity.
Not sure if your business qualifies? Let our specialists
evaluate your eligibility.
Who we work with
We partner with businesses across industries, from startups to large corporations, helping them innovate while benefiting from the R&D Tax Incentive.
Frequently asked questions
What qualifies as R&D under the program?
Eligible R&D activities must involve systematic experimentation to solve a technical challenge or generate new knowledge. This includes developing new or improved products, processes, systems or tools that require scientific or technical problem-solving. Activities must go beyond routine business improvements and meet the program’s legislative criteria.
How long does the claims process take?
We typically prepare and submit R&D applications within 4–6 weeks of our initial meeting. AusIndustry registration is confirmed promptly, with claim finalisation shortly after.
What documentation is required for submission?
Key documentation includes:
- Project records: Evidence of experiments, prototypes, or trials.
- Financial records: Costs incurred for R&D activities, including salaries, contractor expenses, and materials.
- Supporting reports: Internal documents that demonstrate the technical challenges addressed.
We guide you in preparing all necessary records to maximise your claim’s success.
What are the financial benefits of the R&D Tax Incentive
The R&D Tax Incentive provides significant financial support to Australian businesses investing in eligible R&D activities.
SMEs (Turnover < $20M)
- 43.5% refundable tax offset. Company tax rate plus an 18.5% premium.
- Any excess offset is refunded, improving cash flow.
Larger companies (Turnover ≥ $20M)
- Non-refundable tax offset based on R&D intensity:
- Up to 2% intensity: company tax rate plus an 8.5% premium.
- Above 2% intensity: company tax rate plus a 16.5% premium.
- Unused offsets can be carried forward.
By reducing the cost of R&D, the incentive supports investment in innovation and business growth.
