![Relax. We’ve got this.](https://grantready.com.au/wp/wp-content/uploads/2018/02/RD16GetHelp.jpg)
Turnover | >$50 million |
Taxable Position | PROFIT or LOSS |
Eligible R&D Expenditure | $1 million |
Total Company Expenditure | $100 million |
R&D Intensity | 1% |
Benefit | $85,000 |
Benefit in the form of | Reduction in tax liability and any unused offset amount will be carried forward into future years to reduce future tax liability |