How do we know the ATO is your friend?
Because they are willing to give you back 45% of any genuine Research & Development costs you spent developing something new.
If your work sees you making or developing something that hasn’t been done before and can not be done without experimenting then there’s a good chance you will qualify.
Fancy App thought they could build an application that would make life easy for fancy people. So they put all their assumptions on a white board and hired a bunch of superstar developers to test their assumptions.
Fancy applied for the R&D offset and ended up having almost half of their developer costs paid back to them.
The grant is a great way the government helps SME’s fund their R&D.
Here’s the catch.
You have 7 days to get your application in, so check out the governments Snapshot page an or get in touch with us http://www.randdsnapshot.business.gov.au/Pages/default.aspx#