
About Us
ATCS is one of Australia's leading R&D consultancies, advising companies on how to best access the R&D Tax Concession Program supported by the Federal Government's Private Sector under the R&D Tax Concession Program.
Our main focus is removing the compliance burden from companies who wish to concentrate on their core business rather than spend large amounts of time completing forms and considering eligibility issues and ensuring you receive the maximum benefit you are entitled to.
At ATCS, where a project is eligible we prepare, submit and register the application. This includes compiling all the technical and financial information needed to satisfy the Government body that oversees the R&D Tax Concession Program (AusIndustry). We have consistently found that this produces the following advantages:
- You stay focused on doing the R&D and running your business;
- Our expertise is used to your greatest benefit;
- The benefit you receive is the maximum benefit you are entitled to;
- We act as a point of contact for queries from Govt agencies;
- You have an objective partner in ATCS, available at any time to assist you.
ATCS assists you:
- Rapidly identify eligible R&D activities / projects;
- Compile the necessary technical information;
- Help you compile the relevant R&D expenditure information;
- Prepare and calculate your claim;
- Complete, lodge & register your application.
Principal Consultant, Terrie Griffiths says "It's surprising the number of companies who are undertaking eligible R&D that are either unaware of the R&D Tax Concession Program or just aren't taking advantage of the tax benefits available to them".
When people think of research and development they often visualise zany scientists in white coats, working over bubbling test tubes to create whiz-bang inventions. That's a common misconception. Be assured you don't have to be a rocket scientist or brain surgeon to be doing research and development, and you don't have to be a huge company with a fully equipped laboratory.
Research and development is an innovation you could be working on to improve a process or develop a new product. Innovation can come in the form of products and services that solve problems and meet the needs of customers. It does not come just from licensing research or spinning off technologies start-ups. It's about building new ideas, not necessarily new technologies.
Overview - The R&D Tax Concession is administered jointly by the Industry Research & Development Board (IRDB), through AusIndustry, and the Australian Taxation Office. The concession is claimed by companies in their company tax returns, but annual registration of R&D activities with the IRDB is a prerequisite for claims.
The main objective of the R&D Tax Concession is to enhance the level of R&D being conducted within Australia. The concession enables companies to deduct up to 125% of eligible expenditure incurred on R&D activities/ projects from assessable income when lodging their company tax returns. The concession aims to encourage increased investment in R&D by Australian companies, in order to make them more innovative and increase the international competitiveness of Australian industry. A 175% concession is also available where R&D expenditure is increased above a base level from the previous 3 years.
IR&D Board Technical Audits - ATCS provides comprehensive support to companies whose R&D activities / projects have been selected by the IR&D Board to be the subject of a technical audit. We are able to help your company assemble the relevant documentation and guide you through the audit process. Many of our clients have found that our representation on their behalf during an audit have greatly simplified and sped up the audit process. Our success rate in this area is unsurpassed, in fact we have never had a claim that we prepared rejected on technical grounds.
Privacy & Confidentiality - ATCS understands the need for privacy, and the confidentiality and security of your information that ATCS gains from you - We offer a personalised service to our clients, with confidentiality being a key policy.
Service Fees - Our fees are performance based and as such provide you with the confidence that we will ensure that the benefit you receive is the maximum you are entitled to, for the benefit of both our organisations. Fees are not payable until your R&D claim is registered with the Govt agency.
To arrange a free consultation or if you want to find out whether your business qualifies for the R&D Tax Concession, contact Terrie Griffiths at ATCS on Ph:02 6582 3159 or M:0423 622 795 or email: atcs@atcs.info for further information.
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