Epichem is registered as a Research Service Provider (RSP) in the R&D Tax Incentive Program (RDTI). This means eligible R&D entities can claim a refundable tax offset of up to 43.5% on any expenditure incurred for eligible R&D activities undertaken by Epichem on their behalf.
That is, nearly half of R&D costs can be recouped through the RDTI!
It’s important to remember companies still need to register their activities with AusIndustry before lodgement of their ATO tax return in order to receive the tax offset. Companies must also incur the expense financially
Please feel free to contact us for more information.