Research & Development

We would like to take this opportunity to inform you that the Industry Research & Development Board has approved GeoConsult Pty Ltd as a Registered Research Agency (RRA).

When claiming GeoConsult time as Research & Development (R&D) it is necessary that you quote our registration number 35343, and forward to our accounts department the appropriate invoices you will be claiming as R&D.

Listed below are the advantages of using GeoConsult Pty Ltd as your Registered Research Agency:

• Expenditure for Australian Research & Development work contracted to GeoConsult is eligible for
  full concession in the year of income, irrespective of the annual R&D expenditure of the claimant.


• Payments for contracted Australian R&D may be claimed by companies up to twelve months in advance of
  the work being carried out.


• Companies who increase their level of R&D are eligible to receive the 175% Premium R&D Tax Concession.