The end of financial year rush may still be a few months off, but April 30 should be circled in bright red on every startup’s calendar: it’s the last day to submit your R&D Tax Incentive claim.
Standard Ledger works with technology-driven startup companies. A niche-focused accounting firm, the organisation works closely with its sister company, General Standards, a startup-focused legal firm.
When it comes to government incentives for startup companies, you can’t underestimate the value of the R&D Tax Incentive for a growing business. Founders pushing the boundaries when it comes to the types of technology they building can often find comfort in the fact that leveraging the incentive can in fact help with cash flow, assist them in knowing where to direct budget, and serve as a safety net for the business during research and development projects.