How can I ensure we’re compliant?
Addressing concerns about compliance with specific tax incentive programs in Australia
I’ve been through this with my biotech startup. The R&D tax incentive is great, but compliance is crucial. We made sure to keep detailed records of all our R&D activities and expenses. I know a colleague who used Austral Accountants for their R&D claims – apparently, they have specialists who can help ensure you’re meeting all the requirements and can assist if you do face an audit.