R&D Tax Incentive & Government Grants

Easily access grants, tax incentives and government initiatives using our expertise.

The Australian government provides eligible organisations with generous grants, incentives and initiatives to help fund research, development and growth.

We will work closely with you to identify which schemes are applicable to your business, and then assist you to prepare the documents and provide evidence to support your application.

Key schemes are outlined below:

R & D Tax Incentive

The R&D tax incentive is a generous, easily-accessed entitlement program that assists businesses with offsetting some of the costs of performing Research & Development. The program is non-competitive, so companies eligible to claim will get the benefit of the R&D tax incentive.

Potential gains

  • A 43.5% refundable tax offset to eligible entities with an aggregated turnover of less than $20 million per annum, or
  • A 38.5% non-refundable tax offset to all other eligible entities.

EMDG

The Export Markets Development Grant (EMDG) can supplement the costs associated with promotional activities relating to exports, including inbound tourism.

We assist with assessing eligibility for the EMDG program, navigating the application process and managing the documentation required for program compliance.

Potential gains

Refund of up to 50% of eligible expenditure

ESIC

The Early Stage Innovation Company Registration (ESIC) program provides tailored advice to small and medium businesses.

Firms can apply for grants to assist with implementing programs that can help the business transform and reach its full potential. We help with accessing the registration and planning for grant applications.

Potential gains

Allows investors in an ESIC eligible company to receive a 20% non-refundable carry-forward rebate of up to $200,000/investor will pay no capital gains tax on ESIC eligible shares that are held from years 2 - 10

Entrepreneur's Program

The entrepreneur's program is the Australian Governments flagship initiative for business competitiveness and productivity.

It offers support to businesses through the following elements:

  • Accelerating commercialisation
  • Business Management
  • Incubator Support
  • Innovation Connections

Potential gains

Matched funding of up to $20,000 for eligible projects

Why Myssy + Co?

Our SME clients have made us their first choice because of our progressive, proactive approach and integrated service offering, aimed at tackling their whole-of-business challenges. 

Access the right incentives for your business by tapping into our grants expertise