Unlocking R&D Opportunities: Guidance for Accountants and Advisors
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Unlocking R&D Opportunities: Guidance for Accountants and Advisors
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In this episode, Peter Towers, Managing Director of ESS BIZTOOLS, discusses the essentials of guiding clients through Research and Development (R&D) opportunities. He highlights the significant tax incentives available to Australian businesses engaged in R&D, and provides actionable advice for accountants, bookkeepers, and business advisors on supporting clients from idea generation to project planning. Peter emphasises the importance of establishing detailed records, understanding core activities, and securing intellectual property, along with practical steps for forming a company to qualify for R&D tax benefits. Tune in to learn how to help your clients leverage R&D for growth and innovation.
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