AusGrant is a leading Australian government grant consultancy service. We provide specialist services in grant proposal writing, grant submission guidance and grant management.
On 1 July 2012 the Government introduced the R&D Tax Incentive which provides more generous support for businesses than the R&D Tax Concession that was replaced. Under this new legislation, more businesses are eligible to claim generous support that is aimed at increasing innovation and creativity within Australian companies.
The two main elements of the legislation include:
- A 43.5% refundable tax offset (equivalent to a 150% deduction) to eligible entities with an aggregated turnover of less than $20 million per annum.
- A non-refundable 38.5% tax offset (equivalent to 133% deduction) to all other eligible entities.
AusGrant is a leading Australian government grant consultancy service. We provide specialist services in grant proposal writing, grant submission guidance and grant management.
The main areas we can help your business include:
- Identifying grant opportunities
- Developing grant proposals
- Reviewing and providing feedback on draft proposals
- Providing support for grant submissions
- Grant management
- R&D tax incentive claim preparation and review
- R&D tax advice
- The government assigns billions of dollars a year to a range of different grants to help small businesses grow and increase productivity and innovation within Australia. We help businesses identify whether they qualify for one of these grants and aid them in the application process. We also provide grant management services.