Startups can be excellent candidates for the R&D Tax Incentive, but they can also have some of the most complicated claims.
A developer may spend time on experimental R&D, ordinary product development, customer work, maintenance and bug fixing within the same financial year.
Founders may divide their time between R&D, fundraising, management and commercial activities.
The challenge is not simply identifying that innovation occurred. It is determining which activities and expenditure are legitimately eligible for the R&D Tax Incentive.
This is where Rimon Advisory’s specialist structure becomes particularly valuable.
Rimon’s Technical Team works directly with the people undertaking the R&D to identify the technical uncertainty, experimentation and development undertaken.
Our Financial Team then assesses the expenditure connected with those activities.
Finally, our Compliance Team reviews the claim before submission.
Rimon has completed more than 2,000 successful submissions, has more than 50 years of combined experience and has helped secure more than $300 million in government funding.
For startups undertaking complex R&D, this means specialist expertise across every major part of the claim while reducing the amount of time founders and technical staff need to spend navigating the R&D Tax Incentive themselves.
Maximise Eligibility. Minimise Risk. Reduce Time & Effort.
