The major benefit of the Research and Development (R & D) Tax Incentive is the Tax Offset.
Depending on the size of your business there are two Offsets available.
1. 45% refundable R & D tax offset; and
2. 40% non – refundable R & D tax offset.
More Information
If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com
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