Success Stories
The biggest benefit.
Learn how Trevaskis Engineering’s R&D program has grown since engaging AMSLAN Consulting.
The Australian government wants to encourage innovation. It’s why the Research and Development (R&D) Tax Incentive exists. But so many Aussie companies already have their hands full with the work of their core business, that they have limited resource for complex processes such as R&DTI technical documentation and government-grant applications. Even when it means they could get money back.
Trevaskis Engineering, based in regional Victoria, was one such company. A large engineering fabrication business, the team at Trevaskis Engineering were no strangers to the world of innovation.
“We’ve always spent time and money on R&D,” says Trevaskis Engineering Managing Director, Michael Mason, but it’s usually come at a cost to the bottom line.”
Which is exactly why the R&D Tax Incentive exists: to incentivise innovation for companies, like Trevaskis Engineering, that are capable of creating solutions to big problems.
2017 marked the beginning of one of Australia’s worst droughts in recent history. And as the dry years stretched on, Aussie farmers felt its full weight. In a time of little rain and limited food supply, the ability to efficiently feed livestock is a must. That’s why Trevaskis Engineering began manufacturing automated sheep and cattle feeders.
“We engaged AMSLAN Consulting to assist us with our ability to access the R&D Tax Incentive,” recalls Mr Mason. “Andy and his team of experts helped us understand how to document and measure what we were doing, in order to to create clearer technical records for the company’s R&DTI assessment and registered tax agent review.”
But through their engagement with AMSLAN Consulting, Trevaskis Engineering received even more than that.
And through this process of helping to coordinate the R&D program at Trevaskis Engineering, Andy helped us unearth a number of other R&D projects. And that translates to new opportunity, increased growth, and additional projects suitable for further assessment.
“The guidance and training we received from AMSLAN Consulting, has helped us increase our R&D program,” Mr Mason reiterates. “This has brought enormous benefit to our business and allowed us to increase sales.”
It has now been several years since these companies began working together. In that time, Trevaskis has seen great growth – it’s Feedtech business, in particular, has expanded significantly! And this is what the team at AMSLAN Consulting love about their work.
When you see the team at AMSLAN Consulting as part of your own team, this collaboration allows us to really help you sharpen your innovation planning and implementation. Strong planning can improve both innovation management and the quality of supporting records… And greater innovation outcomes.
For years and years to come.
Like one of the team!
Find out why AMSLAN Consulting are unlike any other R&D consultants X-Company has met.
Even companies in the business of innovation can struggle when it comes to claiming the Research and Development (R&D) Tax Incentive. Just ask David Rosen, X-Company’s entrepreneurial Managing Director.
X-Company is a large (and growing!) international software company. It is at the frontier of developing world-leading internet technologies and applications.
“We’ve been innovating solutions for 15 years,” Mr Rosen says. “Nevertheless, we have continued to struggle with claiming R&D Tax Incentive, here in Australia.”
As you may know from your own experience, the complexity of compliance required for the R&D Tax Incentive is extremely high. So high, in fact, that it even stymies large companies like X-Company.
“When looking to apply in the past, it just felt overwhelming,” admits Mr Rosen. “We’ve had many missed years of opportunity as a result.”
Today, complexity remains one of the biggest barriers for companies considering applying for this particular incentive.
“When we engaged AMSLAN,” Mr Rosen recalls, “Andy brought his team of experts in to guide us through the application, making everything simple”.
AMSLAN Consulting worked with the team at X-Company to systemise and record their innovation strategy. This has had positive outcomes beyond their completed R&DTI activity registration process. Including the creation of a robust framework to explore, cost, and plan new innovations.
“Andy is unlike any other R&D consultant I've met,” Mr Rosen states. “He actually takes time to deeply understand our business and the projects we are working on. That’s why we see Andy and AMSLAN Consulting as important partners in our future growth. He is like one of our team.”
If, like X-Company, your business is one that innovates, AMSLAN Consulting is ready to work with you, too. While you may not know where to start, it has a team of grant writing specialists who do.
So, don’t delay. Contact us.
Important information about our R&DTI services
AMSLAN Consulting is not a registered tax agent. AMSLAN provides technical consulting, project documentation, evidence-collection and coordination support in connection with the Research and Development Tax Incentive.
The applicant company remains responsible for its R&DTI self-assessment and the accuracy and completeness of its application and claim. Where a service requires the interpretation or application of taxation law—including determining tax entitlement or the treatment of expenditure—that work must be undertaken or approved by the applicant company’s nominated registered tax agent.
Registration of activities with the Department of Industry, Science and Resources does not constitute confirmation that the activities or associated expenditure are eligible for the R&D tax offset, and no particular tax outcome is guaranteed.