General Information

DISR Announces Changes Streamlining R&D Activity Compliance Assessment Processes

July 15th, 2025

In a recent update, The Department of Industry, Science and Resources (DISR)’s Insider email has noted that: From 1 July 2025, the Department of Industry, Science and Resources (DISR) will be streamlining some of our processes to remove duplication and unnecessary steps that can cause confusion and contribute to delays in finalising program decisions with you.  Recent feedback from you as well as decisions from the Administrative Review Tribunal have highlighted that some of our processes can be confusing. Much of this […]

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A warning for companies using AI to assist with drafting their R&D Tax Incentive Applications

July 3rd, 2025

Businesses are increasingly leveraging Artificial Intelligence (AI) to streamline various tasks in a bid to achieve significant time savings and efficiency gains. However, when using AI to assist in the drafting of documents that present legal obligations (such as an R&D Application), care should be taken to ensure the information disclosed is correct. In recent months, we have observed a growing trend of companies using AI to assist with the collation of the initial draft content for their Research and […]

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FY25 R&D Activity Registrations Now Open and Upcoming Changes to the R&D Application Form

July 1st, 2025

Companies are now able to register R&D Activities conducted during the year ended 30 June 2025 (FY25) with AusIndustry. For the FY25 period, the application process is again administered through the online AusIndustry customer portal which was introduced for the prior FY21 period. AusIndustry has announced recently that there will be a new R&D Registration form released in August 2025. The Announcement was as follows: On 15 August 2025, an updated version of the R&D Tax Incentive (R&DTI) registration application […]

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The Australian Industry Group Submission to Strategic Examination of the R&D System

June 19th, 2025

The Australian Industry Group (Ai Group®) is a peak national employer organisation representing traditional, innovative and emerging industry sectors. Ai Group is considered one of the leading business advocacy organisations in Australia. Ai Group has recently published their submission to The Australian Government’s strategic examination of the research and development (R&D) system. The Ai Group submission includes some notable points on the R&D Tax Incentive including: A note that tax incentives and grants are valuable, however they can require a high level of administrative resources; […]

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Daniel McGregor
11. August, 2022
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I have been using Swanson Reed for my clients for more than a decade. Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients. Highly recommended.
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John
15. June, 2022
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Damian and the rest of the team at Swanson Reed have been supporting us for several years. We always appreciate their insights, expertise, and efforts.
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Rueben Rajasingam
6. June, 2022
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Experienced responsive Team. They have been a great help to me and my company navigate the R&D tax claim process and have provided invaluable advice.
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Enrique Esquivel
6. June, 2022
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Damian and the team at Swanson Reed have been extremely helpfully and professional during all of our consultations. Highly recommended.
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Jess at Y&C
3. June, 2022
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Anatole Kononewsky
2. June, 2022
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The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
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Payam Toloo
2. June, 2022
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Damian Smyth and his team are very helpful, supportive and experts in their field of R&D Tax claims. I'm always happy with the work they do and been a customer of their for over 5 years.
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Melissa Doddy
31. May, 2022
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The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end. Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
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Gary Watson
31. May, 2022
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We can highly recommend Swanson and Reed as an R & D accountant. We have worked with them for several years now as they make our R & D claim so easy and communicate quickly with both us and our accountant.
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Rob van den Bergh
31. May, 2022
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Always professional.
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