Offsetting the costs of R&D in the mining sector

Mining, and the companies servicing this sector, are often developing new products or processes while continuously undertaking improvements or solving complex problems. These activities can be costly and the R&D Tax Incentive (RDTI) program is a beneficial scheme to help offset these costs.

With a 38.5%-46.5% tax offset available to companies, the RDTI program can help provide a way to reduce the net costs of your R&D to enable further investment into these solutions.

In advance of the 3 May RDTI deadline, Kate Mahady will discuss recent changes to the program and the way companies can apply for the RDTI program. She will share her insights on the latest guidance and compliance hot spots specifically tailored to the mining sector, and explain how mining and mining engineering companies can reduce the cost of R&D projects.

Webinar Key Takeaways:

• Overview of the R&D Tax Incentive program specifically tailored to the mining sector - what types of activities are claimable? Case study examples provided.
• Update on the recent changes to the program - latest guidance and what companies need to know to protect their R&D claim.
• Valuable tips and strategies for substantiating your R&D tax claim in mining and engineering.

Presenter: Kate Mahady, Partner R&D Tax Consulting, FB Rice

Kate has over 20 years of experience in research and development tax consulting. She has advised a broad range of businesses from start-ups to multinationals including some of Australia’s largest mining companies such as Rio Tinto, Newmont and Newcrest plus numerous companies supporting the mining sector.

With a technical background in applied physics and consulting, Kate’s expertise lies in applying the complex R&D tax legislation to help companies achieve robust and supportable R&D tax claims.

Registration:

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