03 8400 4500
mail@standardledger.co

R&D Tax Services


*** BREAKING NEWS - WANT EARLY ACCESS TO YOUR 2016/17 R&D? ***

Standard Ledger is pleased to announce it’s partnership with australia’s leading R&D forward financier – Rocking Horse Group.

If you’ve already done your 2015/16 R&D tax incentive it’s pretty clear that you’re going to be able to access the 2016/17 tax incentive too, right?

Rocking Horse Group specialise in R&D finance loans against expected refunds.

What we really like about this model is that by bringing forward this expected cash it means that our startups often need to raise less capital, and founders retain more value.

If you’ve previously claimed an R&D refund, you’ll already have most of the information needed to streamline the process of accessing this funding – we can also work with you on a forward cashflow which you’ll need.

If you’re interested in talking about this further, book in an appointment with Remco now.


Standard Ledger have partnered with PwC to provide an easy to use way of maximising your eligibility for the R&D Tax Incentive.

Together, Standard Ledger and PwC make it easy to maximise the eligible expenses you can claim, and speed up the process so you can claim your offset as soon as possible with your tax return.

PwC is a leading provider of R&D Tax Incentive services. PwC assists over 1,500 companies with their R&D Tax Incentive claims each year. These companies range from multi-nationals to early stage startups.  PwC is the creator of Nifty R&D, an online collaboration platform that streamlines the preparation and lodgement your R&D Tax Incentive.  We use Nifty R&D to collect information from you, record project information and eligible expenses and have PwC review the claim for lodgement.

Standard Ledger will work with you to define the project scope and determine eligible expenses for the year.  PwC will review the claim, provide feedback, lodge with AusIndustry and complete the R&D schedule so that we can submit it with your end of year tax return, if we’re also doing this for you.  If you’re an early stage startup and not yet profitable, you will receive a 43.5% refund back from the ATO, typically 6-8 weeks after lodging.

Where you expect the project to continue into next year, having defined the project scope and eligible expenses, Standard Ledger can track eligible expenses throughout the year as part of its ongoing bookkeeping services, which makes next year even easier to maximise your claim. Through the integration with Receipt Bank to “Snap n Send” your source invoices you’re also ready with full documentation should you be faced with an audit.

With the inbuilt tracking by Standard Ledger backed by PwC you can confidently speak with any potential investors about the likelihood of future R&D tax incentives to help fund your growth.

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Check our R&D Tax incentive FAQs for more information on how the process works.

Pricing

Small
$20k-$50k spend

$999
  • Services

    Prepare & lodge R&D claim

  • Includes
    • Define Project Scope
    • Confirm Eligibility
    • Calculate eligible expenses
    • Collate supporting documents
    • Prepare R&D Schedule
    • Lodge R&D Schedule with AusIndustry
    • No success, No Fee

Medium
$50k-$250k spend

$2,999
  • Services

    Prepare & lodge R&D claim

  • Includes
    • Define Project Scope
    • Confirm Eligibility
    • Calculate eligible expenses
    • Collate supporting documents
    • Prepare R&D Schedule
    • Lodge R&D Schedule with AusIndustry
    • No success, No Fee

Large
$250k-$500k spend

$5,999
  • Services

    Prepare & lodge R&D claim

  • Includes
    • Define Project Scope
    • Confirm Eligibility
    • Calculate eligible expenses
    • Collate supporting documents
    • Prepare R&D Schedule
    • Lodge R&D Schedule with AusIndustry
    • No success, No Fee

*All prices include GST

R&D claim preparation services are payable on preparation when your claim is ready for lodgement, as set out in our Terms and Conditions.  For more information on our philosophy on this in recognising the work undertaken see http://standardledger.co/transparency/.

The final fee payable based on level of R&D spend and timing of submission will be determined upon lodgement.

Note that the refund occurs via submission of an R&D schedule as part of lodging your tax return.  Services/fees for preparation of your company tax return are in addition to the R&D service fees.


About the R&D Tax Incentive

The Federal Government’s R&D Tax Incentive program is the largest financial investment in R&D by any Government in Australia. It is currently accessed by over 12,000 companies with the majority being SMEs and startups.

With over $1.5bn budgeted for the 2014-15 year the R&D Tax Incentive is one of the largest sources of early stage funding in Australia. It’s ideally suited for startups providing an up to 43.5 per cent refund of the costs of development work.

Check out the R&D Tax Incentive website for more information.