Australian Industry Services.

Welcome to Australian Industry Services. Celebrating 20 years of service to innovative companies around Australia.

Australian Industry Services has been helping small to medium sized companies gain access to the Research and Development Tax Concession for 20 years.

It's likely you're looking for ways to increase your company's cashflow, through the use of grants or the R&D tax concession.

You probably have a bright idea for a new or improved product or process, or you just want some increased support for the development work you already undertake.

Are you getting your share? Most manufacturing companies and many software companies will qualify for these incentives.

How do you get it?

The main source of government cashflow for Australian companies is the R&D Tax Concession, soon to be replaced by a new R&D Tax Credit scheme.

For companies just starting up, or in tax loss, the concession equates to a 37.5%, soon to rise to 45%, after tax grant, without the hassles of completing a detailed grant application.

For companies in profit it equates to a 7.5%, soon to rise to 15%, after tax subsidy of your development costs.

The process is straightforward, and with our help can be painless. By clicking on the link below you'll learn some details about what's on offer from AusIndustry and the effect it can have on your bottom line, as well as some of the issues in applying for the R&D tax Concession we help companies resolve.

Click on the links below to learn more about the concessions and us.

IMPORTANT NOTICE - The government will introduce a revamped R&D tax credit scheme, effective from July 1, 2011.

It is called the R&D Tax Incentive, and the bottom line effect is a doubling of the tax benefit for companies in profit and an increase of 20% in the benefit to tax loss companies. Companies which had a valid claim under the old tax concession will continue to have a valid claim under the new regime, but the benefits will increase. Companies will begin accessing this scheme in their tax returns at the end of June 2012. In the meantime they still need to prepare claims under the old tax concession rules for 2010-11 year. You have until April 30, 2012 to do this.

If you want to use the calculator on the next page to work out the benefit to your company of the new R&D tax credit scheme simply:

1. Double the benefit shown if your company is paying tax, or

2. Increase the benefit by 20% if your company is in tax loss.

We will update the calculator from July 1, 2012.