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What is R&D Tax Refund Financing?

June 13th, 2016

In today’s economic climate, cash flow management remains vital to the health of businesses.  The universal business aphorism, “turnover is vanity, profit is sanity but cash is reality” continues to be sage advice for anyone managing company financing.  In fact, one in five (20.3 per cent) of Australian businesses believe an inability to access funds is the biggest barrier to business growth and innovation, according to the Australian Bureau of Statistics (ABS).

However, many companies focused on innovation are missing out on ways they can boost their cash flow to provide money to meet expenses. One method of improving cash flow is through capitalising on government programs designed to foster new technologies. These are typically administered through the tax system, such as the R&D Tax Incentive.The R&D Tax Incentive is the Australian Government’s key program to support R&D and innovation. It provides companies with up to 43.5 cents back for every eligible dollar, even in many cases where start-up companies are not yet paying tax.

If you need your cash rebate in a hurry, Swanson Reed can facilitate an R&D tax refund financing service to increase cash flow whilst the ATO processes your return. To elaborate, an R&D Financing service is a debt instrument that is offered to Australian companies who expect to receive Government funding through the Research and Development (“R&D”) Tax Incentives programme.

Fundamentally, this means that companies can access their R&D Rebates early, allowing businesses to fast-track their access to cash flow and further support their R&D Activities. By accelerating an R&D tax refund, companies can defer expensive equity raisings to develop further and get better valuations on a business.

In short, an R&D Tax Offset financing service can enable claimants to:

  • place additional resources into their R&D activities;
  • advance development or commercialisation plans;
  • provide greater clarity on the timing of R&D entitlements; and
  • suspend or evade the need for capital raising.

Calculate your R&D Refund Loan

R&D claim tax-calculator

Contact us if you would like further information about how too access R&D tax claim financing for your business.

 

 

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 Swanson Reed - Specialist R&D Tax Advisors 
 
 
 Swanson Reed - Specialist R&D Tax Advisors
  
 39 Google reviews 
 
  
 
 
 
 
  
 Swanson Reed - Specialist R&D Tax Advisors 
 
 
 Swanson Reed - Specialist R&D Tax Advisors
  
 39 Google reviews 
 
 
 
 
 
  
 
 
 
 Daniel McGregor 
 
 
 Daniel McGregor 
 
2022-08-11
 
 
  
 
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.
  
 
 
  
 
 
 
 John 
 
 
 John 
 
2022-06-15
 
 
  
 
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.
  
 
 
  
 
 
 
 Rueben Rajasingam 
 
 
 Rueben Rajasingam 
 
2022-06-06
 
 
  
 
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.
  
 
 
  
 
 
 
 Enrique Esquivel 
 
 
 Enrique Esquivel 
 
2022-06-06
 
 
  
 
Damian and the team at Swanson Reed have been extremely helpfully and professional during all of our consultations. Highly recommended.
  
 
 
  
 
 
 
 Jess at Y&C 
 
 
 Jess at Y&C 
 
2022-06-03
 
 
  
 
  
 
 
  
 
 
 
 Anatole Kononewsky 
 
 
 Anatole Kononewsky 
 
2022-06-02
 
 
  
 
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.
  
 
 
  
 
 
 
 Payam Toloo 
 
 
 Payam Toloo 
 
2022-06-02
 
 
  
 
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.
  
 
 
  
 
 
 
 Melissa Doddy 
 
 
 Melissa Doddy 
 
2022-05-31
 
 
  
 
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.
  
 
 
  
 
 
 
 Gary Watson 
 
 
 Gary Watson 
 
2022-05-31
 
 
  
 
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.
  
 
 
  
 
 
 
 Rob van den Bergh 
 
 
 Rob van den Bergh 
 
2022-05-31
 
 
  
 
Always professional.