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R&D Tax Incentive:
Record Checklist

Make R&D Tax Incentive Easy

Optimise your R&D Processes so you routinely create the right records

R&D Tax Incentive: Record Checklist

MAKE R&D TAX INCENTIVE EASY

Optimise Your R&D Processes so You routinely create the records

George Mirabelli – R&D Tax Incentive compliance expert and Trainer.

R&D Tax Incentive Record Checklist

What To Do Next:

  • Download and complete the checklist.
  • You have the option to send it through to our R&D Process Consultants.
  • Receive an indication of where you are missing out on claiming by what paperwork is missing.
  • Our R&D Consultants would be happy to talk through how you make it simple to implement the missing components.

Optimise Your R&D Processes So you Routinely Create the Right records

What do next…

  • Download and complete the checklist,
  • You have the option to send it through to our R&D Process Consultants. 
  • They will be able to provide an indication of where you are missing out on claiming by what paperwork is missing
  • They would be happy to talk through how you make it simple to implement the missing components

R&D Process Optimisation Overview

Putting in place some robust R&D processes, regardless of your industry, allows you to benefit from robust idea generation and development that routinely produces ‘output’ aligned to market needs.

It’s not hard to apply these processes to your existing program of work using templates and refining the workflow.

It also allows you to completely align your work program to fully maximise your R&D Tax Incentive Claim to help fund your innovation work.

Putting in place some robust R&D processes, regardless of your industry, allows you to benefit from robust idea generation and development that routinely produces ‘output’ aligned to market needs. 

It’s not hard to apply these processes to your existing program of work using templates and refining the workflow. 

It also allows you to completely align your work program to fully maximise your R&D Tax Incentive Claim to help fund your innovation work. 

Training Courses: What are the benefits?

Asset 1

Increase your return by 30-60%

Businesses who submit their R&D claim with the proper evidence can boost their refund by up to 60%

Asset 2

Have confidence in your R&D claim

With AusIndustry now encouraging businesses to file their own R&D Tax Incentive forms, we’ll ensure you feel confident about your claim

Asset 4

Preparing For An Audit

By helping you prepare as much evidence as possible in the right templates so you demonstrate that you are improving your processes

Asset 3

Achieve a great return on investment

Up to 43% of what you invested could end up back into your pocket with an R&D claim submitted correctly

Template Packs with Examples

Instructions included

Examples Provided

COMPREHENSIVE TEMPLATE PACKS

Comprehensive template packs to cover all the documentation and evidence required by AusIndustry. 

A complete set of templates that:

  • Improve productivity by making it quick and easy to complete by your team.
  • Increase consistency and accuracy of information captured by all staff, both present and future.
  • Ease the process using detailed instructions and examples built right in the templates.
  • Confirm eligibility, correct wording and completeness of evidence with our checklists and examples.
  • Portal Guide provided to assist you to login and make your claim.
  • Ensure your claim has 100% of the evidence required by AusIndustry as part of your business as usual activity.

BONUS: Personalised assistance is included in all template packs.

Start-Up And Small Business Pack

TOP VALUE ALL IN ONE STARTER KIT

Optimise your R&D Processes,
maximise efficiency, consistency and ROI.
Simplify access to the R&D Tax Incentive for up to 43.5% rebates.
Buy all three together and save $800

Why Are Records Important?

Claiming the maximum amount possible under the R&D Tax Incentive is dependent on having the right records in place to justify your claim.

If your R&D Tax Consultant has been asking you for records you can’t produce or don’t have, then this checklist will help you plug the gaps AND ensure you are able to claim the maximum amount allowed under the R&D Tax Incentive.

AusIndustry is Increasing their Audits

To safely claim under the R&D Tax Incentive provisions, you must provide the ATO and AusIndustry with evidence of your research and development to substantiate an R&D Tax claim.

The ATO and AusIndustry have very specific requirements and formats in order to ‘honour’ your claim.

The risk at an audit can be easily managed by ensuring that you have all the right records in place, significantly reducing potential AusIndustry and ATO audit issues.

Don't Under-claim Due to Insufficient Records

Your R&D tax claim prepared by your accountant can only claim the items that have supporting evidence and paperwork.

Most businesses claiming under the R&D Tax Incentive scheme are under-claiming because the paperwork required is not in place.

The most common problems with records are either:

  1. Incomplete records so there are components of your work that are not able to be safely claimed.

  2. Have insufficient detail to make them compliant, so your accountant will likely exclude the expense from your claim or risk a fine in case you are audited.

Make the tax claim preparation easy & efficient

Remove the scramble for paperwork when your Accountant starts preparing your claim.

The checklist will help you make sure you have all the records you need at the ready without to-ing and fro-ing between your accountant and your R&D team.

By using a checklist approach with templates to support the documentation process as you work.

You create all the right records, in the right format as the work is done – saving time and increasing the amount you can claim come tax time!

Download Our Checklist Now!

Train your R&D Team

  • One main training session delivered by an instructor or online video course
  • Additional workshops to review your existing processes and propose changes

Review your existing Processes

  • Assess the gaps between processes required by the legislation and your processes
  • Identify ways to improve to ensure minimum process disruption
  • Propose templates where needed and guidance for their use

Propose the minimum Processes changes

  • Minimise process overheads while ensuring best practices for your team size
  • Check the process provide the maximum safety net and allow you to claim confidently

Video / Image

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Our Process

Did your tax Consultant ask you to ensure you Keep all the right records?

Learn what records, their format and wording you need to substantiate and maximise your claim.

What Our Customers Have to Say

A very professional and thorough service. George helped us to put the correct processes in place for our specific business. Correct and accurate record keeping is the crux of any R&D claim and George was instrumental in setting that up so that in the future our application for an R&D grant will flow smoothly. The manual George provided is very professionally put together and through Georges workshops we, as a company, have realised the importance of such thorough record keeping. In fact we hope that by improving our record keeping we will be able to increase our future claims. George also pointed out to us a couple of things that we were unaware that we could claim as R&D expenses. Very helpful!
Robyn Hodgson
Coolpac (Temperature Controlled Freight Packaging)
5Star
There are a lot of consultants out there that are ready to take your money to help you put in an R&D grant, but few that help with making sure you have the process in place to support that application - until now.
George has systematized his successful process for maintaining compliance records into a framework that was easy for us to adapt and apply to our way of working.
With plenty of high profile businesses being audited and found coming up short due to record keeping, we are now sleeping easy that we will not be one of them.


Paul Greenwell
Propel Ventures (Financial Software Development)
5Star
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Frank Jones
ABCFilling
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Jack Brownn
Nick Duncan

Training Workshops, Courses & Assistance

LEARNING OPTIONS TO OPTIMISE YOUR R&D PROCESSES

Instructor-led Workshops

One of our instructors can provide personalised Training and Workshops for your team.

Online Self-Paced Training

Learn at your own pace with the Online Video Course content and included Template packs

R&D Template Packs

Prefer to hone your processes using our Templates, select from two comprehensive packs

ASSISTANCE AND GOVERANCE OPTIONS

Coaching & Governance

Monthly instructor access for assitance with processes, templates and goverance.

Done-For-You Documentation

Allow our team to collect information monthly and update your documentation for peace of mind.

Records Auditing & Governance

Arrange for our team to periodically spot check or audit your R&D projects to verify process adherance.

Learn how to Optimise your R&D Processes to Maximise R&D Tax Incentive Benefits.

Increase your claim by 30%-50%

Access our Instructor-led Training Workshops, Online Training Courses and Template Packs to maximise the R&D Tax Incentive benefits without any complexity and red tape.

George Mirabelli - Founder & CEO

Mission

Provide information and services to business so that they can access government grants and funding programmes to foster innovation and jobs with Australia.

Background

Throughout my 30 years in the industry, managing Product Design and Development through to large Software Engineering, in Australia, USA and UK for Lockheed, Telstra, Rockwell, West Farmers Insurance, and MYOB, I have gained significant knowledge of R&D techniques, processes and frameworks that can assist businesses to accomplish their goals and foster innovation.

At SoftLogic Solutions with rescue critical software solutions that have been orphaned without a development team, and provide maintenance and re-development services that use the R&D Tax Incentive where possible.

We also provide businesses with grant information and Training Courses and Workshop that help them optimise their R&D processes to inherently maximise the tax benefits from the R&D Tax Incentive

  • 20+ Years claiming the R&D Tax Incentive 
  • Multi-selector experience in Manufacturing, Mechanical, Software Development
  • International Experience in Australia, UK and USA
  • Process improvement and LEAN advocate
  • Extensive experience with R&D Tax Incentive
  • R&D Process improvement experience

Sectors Optimised

Case
Studies

Should we put some key ones here?

Make the R&D Tax Incentive easier

Make your R&D Claim quickly and easily.
Contact us to discuss your personalized strategy to prepare your R&D for the new financial year.

Get started before July

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