24 June 15
Investing in Research and Development is not for the faint-hearted. Even with the tax rebates available, R&D can require a large cash outlay that could impact day-to-day operations or impede your ability to seize new growth opportunities.
If you’re an eligible entity then you can benefit from a 45 per cent refundable R&D tax offset. But tax rebates take time. So you’re faced with a decision: hold onto your cash; or invest in R&D and create your own growth opportunities.
The good news is that you don’t need to choose. Fifo Capital offer eligible businesses which invest in R&D, a facility to fast track their tax rebate and access future cash entitlements. With a little help from Fifo Capital you could maintain your cash flow position and invest in R&D at the same time.