Time to submit
With Nifty Grants, we've built a simple to use online form with the goal of making the process of providing your R&D project information as seamless as possible. So, you should expect to spend around one hour completing the forms, if you have all in-depth detail about the R&D project and activities. If you need a team member to help you complete the form, it's easy to add them as a collaborator.
Time to review and process
The time it will take our team of R&D specialists to review, process and sign off will depend on complexity and level of detail provided in the submitted claim form. We will generally provide you with two rounds of feedback before lodging your claim with AusIndustry.
Time with AusIndustry
Once a claim is lodged to AusIndustry, you can expect that your R&D Tax schedule will be returned in approximately one week.
Following this, we'll provide you with the schedule and details which need to be submitted alongside your company tax return to the Australian Taxation Office (ATO) (or make an amendment if already lodged). Once lodged, you should receive your money within three to six weeks (this one is up to the ATO, it’s out of our hands).