NexIT · Executive Assessment

R&D Tax Incentive Calculator

Estimate the potential value of the Australian R&D Tax Incentive for your business — 43.5% refundable offset for companies with turnover under $20M. Takes less than a minute.

All figures are indicative estimates — no data leaves your browser.
01Your Company
02Financial Position & Eligible Costs
Required
+$
30% counted
$
30% counted
$
30% counted
$
30% counted
$
100% counted
$
Adjustable
Default $30,800 — application $8,800 + documentation $22,000
$
03How Your Estimate Is Calculated
Step 1 — Eligible R&D expenditure
Operating costs counted at 30%Rent + wages + super + utilities × 30%
Software development counted in full100% of gross invoice
$0
Total eligible R&D expenditure
$0
Step 2 — Adjusted position & company tax
Your end-of-year resultAs entered above
$0
Adjusted positionYear result + eligible expenditure
$0
Estimated company tax at 25%Applies only if the adjusted position is positive
$0
Step 3 — R&D offset & net result
Gross R&D offset at 43.5%Total eligible expenditure × 43.5%
$0
Less estimated company tax
$0
Less professional fees & deductions
($30,800)
04Business Impact Comparison
Without Claiming R&D
Estimated company tax$0
No refundable offset—
No government contribution—
With R&D Claim
Estimated company tax$0
Estimated refundable offset$0
Estimated net benefit$0
Overall financial improvementYour adjusted position after adding back eligible R&D expenditure (Step 2) — a company in loss can move into profit once eligible R&D is recognised. Indicative only.
$0
05Key Outcomes
Estimated Refund
$0
Net cash after tax & fees
Tax Covered by R&D Offset
$0
Company tax absorbed
Government Contribution
$0
Gross 43.5% offset
Net Cash Benefit
$0
vs not claiming at all
06Executive Summary

Enter your figures above to generate a plain-English summary of your estimated position.

07Estimated Outcome
Estimated Financial Benefit
$0
Your business could be approximately $0 better off than not claiming eligible R&D activities.
Estimate Confidence

This estimate assumes all entered software development expenditure is eligible under the Australian R&D Tax Incentive. Actual claim values may vary following a detailed eligibility assessment.

Did you know?

Software activities like these commonly qualify as eligible R&D — many businesses claim less than they could, or nothing at all.

    Why Australian software companies choose NexIT

      This calculator provides an indicative estimate only based on the information entered. Results are not guaranteed and may vary depending on your company’s financial position, eligible R&D activities, AusIndustry registration, ATO assessment and applicable legislation.


      Frequently Asked Questions — R&D Tax Incentive Australia


      Who is eligible for the R&D Tax Incentive in Australia?

      Australian companies (incorporated entities) that conduct eligible R&D activities and have an aggregated turnover under $20 million may claim a 43.5% refundable tax offset. Larger companies are eligible for a non-refundable 38.5% offset.


      What types of activities qualify as eligible R&D?

      Activities that involve genuine experimental work to generate new knowledge where the outcome cannot be known in advance. This commonly includes custom software development, new product prototyping, process innovation, and resolving genuine technical uncertainty.


      How much can I claim back through the R&D Tax Incentive?

      Eligible SMEs can claim back up to 43.5 cents per dollar of eligible R&D expenditure. Use the calculator above to estimate your potential refund based on your annual R&D spend.


      When do I need to register my R&D activities with AusIndustry?

      You must register your R&D activities with AusIndustry within 10 months of the end of your income year (e.g. by 30 April if your financial year ends 30 June). Early registration is strongly recommended.


      Can software development expenses be claimed under the R&D Tax Incentive?

      Yes — provided the development involves genuine technical uncertainty and an experimental process, custom software development often qualifies. Good project documentation is essential. NexIT can assist with structuring both the development process and the documentation to maximise your eligible claim.