Send us a textInvention is what drives businesses forward. But when cash flow is being funnelled towards other critical areas of the business, spending valuable resources on risky, unpredictable, and expensive R&D would make most business owners immediately bolt in the opposite direction.On today’s episode we are joined by Simone Quin, who is a specialist Capital & Growth advisor. Simone shares her wealth of knowledge surrounding the sometimes unknown and somewhat under-utilised R&D Tax Incentive Program that is a...
Send us a text
Invention is what drives businesses forward. But when cash flow is being funnelled towards other critical areas of the business, spending valuable resources on risky, unpredictable, and expensive R&D would make most business owners immediately bolt in the opposite direction.
On today’s episode we are joined by Simone Quin, who is a specialist Capital & Growth advisor. Simone shares her wealth of knowledge surrounding the sometimes unknown and somewhat under-utilised R&D Tax Incentive Program that is available for most Australian businesses. She explains how the cash-back rebate can be a game-changer for companies to leverage the rebate to drive industry improvement and innovation - without the financial burden. We’ll unpack the broad range of criteria, navigating the application process, modernising business practices, and how it could be utilised in your very own business.
Join us as we look to the future of Australian invention and how business and government can work hand in hand to shape our global economic competitiveness.
Episode Highlights:
(00:51) Introduction to this week’s guest, Simone Quin
(03:03) The ideal candidate for the program
(05:12) Breaking down the financial implications
(10:27) Potential cons and pitfalls of applying
(13:34) Working with cashflow and taxes to your advantage
(18:19) Applying and the benefit of using an R&D agent
About Simone Quin:
Simone is a partner at the Prime Financial Group, and has been working for over 20 years in the government, university, and research sectors alongside her experience within the Big 4 firms as a chartered accountant. She consults with fast-growing domestic and international tech and scientific research companies, and provides support from funding through to market.
Connect with Simone Quin:
⏩ Connect with Simone on LinkedIn: https://www.linkedin.com/in/simone-quin-a2196b23/
Resource Links:
⏩ Your Social Voice Website (https://www.yoursocialvoice.com.au/)
⏩ Join our Mogul Mastermind (https://www.mogulmastermind.com.au/)
⏩ Join our Facebook community (https://www.facebook.com/share/DrRcMBG44bhuwnwQ/?mibextid=K35XfP)
Connect with Kim Barrett:
⏩ Follow Us on Facebook https://www.facebook.com/mrkimbarrett
⏩ Follow me on Instagram https://www.instagram.com/realkimbarrett/
⏩ Follow me on TikTok https://www.tiktok.com/@realkimbarrett
⏩ Subscribe to YouTube: ht
Resource Links:
⏩ Your Social Voice Website (https://www.yoursocialvoice.com.au/)
⏩ Join our Mogul Mastermind (https://www.mogulmastermind.com.au/)
⏩ Join our Free Facebook Community (http://www.joinmygroup.com.au/)
Connect with Kim Barrett:
⏩ Follow Us on Facebook https://www.facebook.com/mrkimbarrett
⏩ Follow me on Instagram https://www.instagram.com/realkimbarrett/
⏩ Follow me on TikTok https://www.tiktok.com/@realkimbarrett
Thank you so much for listening! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
View more
