Key Takeaways:
1) Big 4 firms provide broad professional services across tax, audit and consulting.
2) Rimon Advisory specialises in R&D Tax Incentive consulting.
3) Rimon combines dedicated Technical, Financial and Compliance Teams.
4) Every Rimon claim undergoes an internal compliance review before submission.
5) Rimon has completed more than 2,000 submissions and has more than 50 years of combined team experience.
Choosing the right advisor for an R&D Tax Incentive (RDTI) claim can affect the quality, efficiency and compliance of the process.
Many Australian businesses consider the Big 4 for R&D tax advice. However, specialist firms such as Rimon Advisory offer a more focused alternative, with dedicated Technical, Financial and Compliance expertise.
Big 4 vs Specialist R&D Tax Incentive Advisors
The Big 4 are large multidisciplinary firms, with R&D Tax Incentive consulting forming part of a much broader service offering.
Rimon Advisory takes a different approach. Government funding and the R&D Tax Incentive are core areas of focus, allowing our team to concentrate on R&D eligibility, expenditure, documentation and compliance.
For businesses primarily looking for RDTI support, this specialisation can provide a more focused and personalised alternative.
Dedicated Technical, Financial and Compliance Expertise
A strong R&D Tax Incentive claim requires both a clear technical case and a supportable financial calculation.
Rimon’s Technical Team works directly with clients to understand what they were developing, the technical challenges encountered, the experiments undertaken and what was learned. This helps translate complex development work into clear R&D documentation.
Our Financial Team then analyses the expenditure linked to those activities, including salaries, contractors, materials, software and other relevant costs. This helps ensure there is a clear connection between the activities being claimed and the expenditure included.
Before submission, claims also undergo an internal review by our Compliance Team. This provides an additional level of scrutiny to help ensure the technical and financial components are consistent, appropriately supported and prepared with the possibility of an AusIndustry or ATO review in mind.
By bringing these three areas together, Rimon aims to optimise each client’s legitimate R&D Tax Incentive entitlement while minimising compliance risk.
Experience Across More Than 2,000 Submissions
Rimon has completed more than 2,000 submissions and brings more than 50 years of combined team experience.
This practical experience spans different industries, technologies and eligibility scenarios, helping our team identify potential R&D opportunities, recognise areas that require further investigation and understand common compliance risks.
A More Personalised Approach
Large professional services firms can be the right choice for organisations looking to consolidate multiple advisory services with one provider.
Rimon offers a different client experience. As a specialist consultancy, our focus is on understanding each business, its R&D projects and the expenditure behind them.
For many innovative Australian businesses, this can mean receiving dedicated R&D Tax Incentive support without becoming one engagement within a much larger professional services relationship.
Big 4 vs Rimon Advisory at a Glance
When Might a Big 4 Firm Be the Right Choice?
A Big 4 firm may suit a large or multinational organisation that wants to combine R&D tax advice with audit, corporate tax, transactions and other professional services through one provider.
Why Choose Rimon Advisory?
For businesses specifically seeking R&D Tax Incentive support, Rimon provides a specialist alternative.
Our model brings together Technical, Financial and Compliance Teams, with each contributing specialist expertise throughout the claim process.
Rather than simply preparing an application for submission, our process is designed to understand the R&D undertaken, identify the legitimate expenditure associated with it and prepare a strong, supportable claim.
For businesses that value R&D specialisation, personalised support and a strong focus on compliance, Rimon Advisory can offer clear advantages over a broader professional services model.
Looking for an R&D Tax Incentive Advisor?
If your business is undertaking innovative work in Australia, Rimon Advisory can help you assess your activities and expenditure and navigate the R&D Tax Incentive process.
Contact us to find out how our Technical, Financial and Compliance Teams can support your next R&D Tax Incentive claim.
