Talk to us


To be eligible for the R&D Tax Incentive you must:

  1. be a company that is liable to pay income tax in Australia
  2. conduct at least one activity that meets the definition of a core R&D activity
  3. have eligible R&D expenditure greater than $20,000

Eligible R&D activities are ‘core R&D activities’ and ‘supporting R&D activities’.

To register, you must have at least one core R&D activity. Supporting R&D activities are optional.


“What are core R&D activities
Under section 355-25 of the Income Tax Assessment Act 1997:”

Core R&D activities are experimental activities:

  1. Whose outcome cannot be known or determined in advance on the basis of current knowledge, information or experience, but can only be determined by applying a systematic progression of work that: is based on principles of established science; and
  2. Proceeds from hypothesis to experiment, observation and evaluation, and leads to logical conclusions; and
  3. That are conducted for the purpose of generating new knowledge (including new knowledge in the form of new or improved materials, products, devices, processes or services).
  4. Some types of activities are excluded under section 355-25(2) of the legislation from being core R&D activities. Some of these excluded activities may be eligible for the R&D Tax Incentive as supporting R&D activities if they meet all of the requirements.


  1. Is an activity referred to in subsection 355-25(2); or
  2. Produces goods or services; or
  3. Is directly related to producing goods or services;

the activity is a supporting R&D activity only if it is undertaken for the dominant purpose of supporting *core R&D activities.


Under section 355-25 of the Income Tax Assessment Act 1997 none of the following activities are core R&D activities:

  1. Market research, market testing or market development, or sales promotion (including consumer surveys);
  2. Prospecting, exploring or drilling for minerals or * petroleum for the purposes of one or more of the following:
    • Discovering deposits.
    • Determining more precisely the location of deposits;
    • Determining the size or quality of deposits;
  3. Management studies or efficiency surveys;
  4. Research in social sciences, arts or humanities;
    • An affiliate of the developer, or an entity of which the developer is an affiliate.
  5. Commercial, legal and administrative aspects of patenting, licensing or other activities;
  6. Activities associated with complying with statutory requirements or standards, including one or more of the following:
    • Maintaining national standards.
    • Calibrating secondary standards.
  7. Routine testing and analysis of materials, components, products, processes, soils, atmospheres and other things;
  8. Any activity related to the reproduction of a commercial product or process:
    • By a physical examination of an existing system
    • From plans, blueprints, detailed specifications or publicly available information.
  9. Developing, modifying or customizing computer software for the dominant purpose of use by any of the following entities for their internal administration (including the internal administration of their business functions):
    • The entity (the developer) for which the software is developed, modified or customized.
    • An entity connected with the developer.
See More

Talk now

Why Choose us

15+ years of tax experience

Tax Practitioners Board registered

Guaranteed fixed price

We simplify the complex

Australian certified accreditations

Guaranteed delivery times

Certified by


We are more than accountants. We are known for working closely with our customers to help them achieve the result they want. We do this through

Andrew waas

Charitha was very helpful with completing my tax return and also provided advice to maximise my return. He was very attentive to detail and kept me up to date throughout the process. Also, the online experience was seamless with regards to providing information and reviewing and signing documents. Highly recommend!

Archana Jayaranjan

Best Financial Services for Business and Individual. Very understanding and easy to approach. Quick response in any accounting and Taxation related queries. We are really happy with his and his team’s services and looking forward continue for the future too.

Dhaval Mehta

As a small business owner, every dollar counts, and I am very pleased with the results I received from working with Char and Growth-Prof. Five stars!

Hemanta At Yolmo

I highly recommend Char for his attention to the little details, clear communication, speedy deliver of the papers.

James Richardson

They not only do your tax, but they are giving you valuable insights and advice as well. I bought my investment property based on their bits of advice which gave me significant tax benefits during the last few years. Highly recommend the Growth Prof team! Thank you, Guys!

Prashan Jayasundera

Nothing is as important as time is for me. Charitha took the time to educate me and advised me on many things in regards to small business and tax return. Highly recommended service!

Qanitaz Event Solutions

Charitha and his team did a great job with helping me with my tax returns for my florist business. Charitha was efficient and explained things well. I highly recommend their services. Thanks so much Charitha.

Sarah Deaker

Recent Blogs

Business News
TaxWise From the ATO Check your PAYG instalments Now is a good time to check that your business’ PAYG instalments still reflect the expected end-of-year tax liability. If your business’ circumstances have changed and you think you will pay too much (or too little) in instalments for the year, the instalments can be varied on… Continue reading Business News
Individual News
TaxWise Stage 3 personal income tax cuts redesigned The changes to the Stage 3 personal income tax cuts — to take effect on 1 July 2024 — announced by the Government earlier this year are now law. Broadly the changes amend the previously legislated tax cuts to: The tax-free threshold of $18,200 is unchanged. The… Continue reading Individual News
Successor Director Solution: Business as Usual
Caution: Having a Sole Director in a company without a backup plan is just not prudent. It leaves the company vulnerable to numerous threats.In Australia, there are approximately to 3 million corporations, many of which are used by small businesses for trading, and others which serve as trustees for discretionary family trusts or self-managed super… Continue reading Successor Director Solution: Business as Usual
See more

Talk to us

02 9189 3075