Research and development tax incentives
As we all know and have often stated, the large brewers and beverage companies have access to a vast amount of technical resource and the financial means by which to solicit the best specialist advice to grow their market presence and exert their dominance. As independent brewers we can only hope to compete by standing together and as your association it is our role to stay focussed on looking for ways and means by which we can support you to stay independent and fulfil the vision you have for your business.
One of these ways and means is to educate you about the various State and Federal Government grant and tax incentive programs that provide funding for the types of innovative endeavours that are the life blood of independent craft brewers. In this regard, the ‘’flagship’’ program is undoubtedly the R&D Tax Incentive.
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