Updates to our service enhancements & fees
For more than four years, Nifty Grants has been supporting small Australian businesses and startups to claim the R&D Tax Incentive.
When a team from PwC first conceived the concept and developed the platform, the idea was to create a way for smaller companies to access PwC expertise in a lower-touch and affordable way.
Over time and as a result of external factors, including increased attention and scrutiny of claims of all sizes and industries from the regulators (AusIndustry and the ATO), we have had to pivot our service model - which also affects how we charge for our service.
The aim of our new service delivery model is to ensure that we can provide you with an outcome that places your R&D claim in the most defensible position. We’re doing this by:
- Being more hands on - providing more support and feedback throughout the claim process
- Getting stuck into the detail - resolving the detail and intricacies of your business and R&D activities
- Dedicated more time - ensuring that you get the exceptional service that you’d expect from PwC’s Nifty Grants
With these service enhancements, the cost to delivering our service has to increase. Keeping in line with our brand promise of transparency in service delivery and pricing, our new fee structure will remain as fixed-fee, based on spend with a minimum service fee of $5,000 (plus GST). Read further detail about the new service fees here.
How this impacts you
If you’ve used Nifty Grants to claim the R&D Tax Incentive in the past, you will have paid a fee that is lower than the current pricing.
You may also have experienced our increased service model as we responded to the regulator requirements. To prevent larger clients covering the costs of the smaller ones, we have introduced the minimum fee to make the cost of our service more equitable which is why the price changes are larger at the lower end.
This new price is competitive in the R&D consultancy market - and with Nifty Grants, you will still get the range of great benefits including the agreed upfront pricing, transparency of your claim process and access to PwC expertise.
Introducing R&D Assist
In case you believe you are unable to pay our new minimum fee, you may like to explore R&D Assist. We have introduced this new service to allow companies to request specific assistance and guidance for an affordable hourly rate without having to engage for an assisted service delivery.
Need more information?
Leave us a message, with complete detail of your question, in the Ask for help box in bottom right of your screen and we'll be in touch.