Hey everyone, 

Before I get started, I’d like to disclose that I run an online tool, 
backed by PwC, to help startups complete their R&D tax Incentive online. If 
you’re interested, check it out here - http://niftyforms.com

I agree with all comments so far - it's a great scheme - and we’ve found 
that for every startup that claims, there are around another 3 that are 
eligible to claim but don’t. Our aim to help simplify and speed up the 
process for all startups.

If anyone wants some no strings advice on R&D tax incentives, give me a 
shout at m...@niftyforms.com and I’d be more than happy to help you out.

Mark


On Wednesday, November 12, 2014 1:00:42 PM UTC+11, Richard Sazima wrote:
>
> I endorse Luke's advice, this incentive actually works!
>
> ​Cheers
>
>
>
> On 11 November 2014 13:18, Luke Metcalfe <ricom...@googlemail.com 
> <javascript:>> wrote:
>
>> This is the most widely applicable advice I give startups:
>>
>> Anyone who’s doing an technologically innovative startup should be 
>> getting the R&D Tax Incentive. Even if it’s the founders doing the 
>> development, they should pay themselves a salary. Yes, you pay tax on it 
>> but you end up about $20k-$30k ahead each year. So effectively the 
>> government pays founders a living wage for as long as they’re innovative. 
>> No profit, funding needed. 
>>
>> These are the guys I use for it: 
>> https://tcfservices.leadpages.net/7-most-common-mistakes-lm01/
>>
>> Cheers
>>
>> Luke Metcalfe
>> http://www.rapint.com 
>>
>>
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