Tech Abstract R&D Tax Incentive, Lane Cove North, NSW

Tech Abstract will work with you to identify and claim all the R&D activities that you are entitled to claim under the R&D Tax Incentive (RDTI) program. It is often difficult for clients to understand what sort of activities are allowed under the RDTI, as the definition of R&D under the RDTI is unusual. Since Tech Abstract has deep technical skills (STEM qualifications) and many years in R&D in industry, we can explore your R&D activities with you and tease out all your eligible R&D, even if you don't initially think of an activity as eligible R&D.

Because we have solid technical skills, we can also describe your (perhaps complex) R&D activities in a clear and readable way that demonstrates to AusIndustry how your R&D satisfies the requirements of the RDTI. This makes it much easier for AusIndustry to assess your application and verify that it is compliant R&D. We will discuss with you the need for documentation (evidence) to substantiate your RDTI claim if it is ever reviewed by AusIndustry, and will help you put in place a strategy for accumulating that documentation.

We understand that your time is valuable. Our technical skills in many cases allows us to work with your existing documentation and extract the information we need to construct a readable narrative for the AusIndustry application.

Tech Abstract finds that taking the time to write clear and understandable RDTI applications is very worthwhile as it greatly reduces the chances of AusIndustry misunderstanding the eligibility of your R&D and either rejecting your application or delving into the application in detail. This explanation is a narrative - a story. Our technical skills allow us to construct a narrative in which the concepts in your R&D are linked together seamlessly and logically.

If AusIndustry does subject your RDTI application to a detailed review, Tech Abstract can help manage your response to that review, with the aim of satisfying AusIndustry's concerns.

• Tax Consultant
• Tax Incentive services

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