It is suggested that 50% of eligible companies are not accessing this sector-agnostic tax credit. In manufacturing it's possible that this number is even higher. Many simply don't know that this cash credit (15% of R&D expenditure) exists, nor do they know if they're eligible let alone how to go about claiming it from Callaghan Innovation and the IRD. For businesses undertaking challenging product and​/​or manufacturing process development, it's very possible that this incentive is relevant for you. More than 50% of Swell's nationwide customer base are manufacturers spread across many sub-industries, including, food, beverage, textiles, mineral, metal and equipment. The majority of these now-customers didn't realise that some of their day to day work, often coined internally as 'continuous improvement' qualified as R&D under the RDTI guidelines. These businesses are now successfully setup to claim the tax credit every year, giving their projects a vital boost of capital to keep things moving forward. Where does Swell come in? We’ll take the entire R&D Tax Incentive process off your hands, from figuring out what qualifies to getting your claim ready and submitted, as well as managing comm's with Callaghan Innovation and the IRD. Securing innovation funding for Kiwi manufacturers is all we do. We’re not accountants or traditional tax consultants — we’re a technically and financially minded team that dives into funding opportunities, making sure you get the most relevant and impactful grants and incentives. We've got a solid track record of landing the funding NZ manufacturers need through Government sources. From the first chat to post-approval support, Swell offers detailed, end-to-end funding solutions that help your business grow sustainably. Read on below for an overview of how an RDTI claim comes to life, and a bit about how we charge: 1. Introductory meeting(s): What funding are you eligible for, how do we make a claim, what does Swell do and how much does they charge? 2. Service Agreement Signed: Our fee is calculated as 20% of the Tax Credit that you receive and is invoiced in two tranches, the first when we submit the General Approval (R&D activities report) and the second when we submit the Supplementary Return (R&D expenditure report). 2. Kick-Off Meeting: Meet the team, explore R&D projects and plan the claim process, including who does what. 3. Technical Scoping Call(s): We'll interview your technical team F2F or online, gathering the information we need for step four. 4. General Approval (GA) Writing: We'll compile a draft version of the GA for your review ​/​ submission. This usually happens within 3-4 months of the end of your financial year. 5. GA Approval: Callaghan Innovation & the IRD will review and approve the GA 6. Compile Supplementary Return (SR): You send us raw financial data once your accounts are finalised and we'll compile the SR for your review and submission alongside your Income Tax Return. 7. Tax Credit Received: You'll receive your tax credit within 2-3 months of the submission of the SR. If you'd like to learn more about all of this and how it could help your business, reach out and we'll get an intro meeting into the calendar. Cheers, The Team at Swell.

Client Testimonial Quote & Job Title

Swell have helped us with RDTI and other grants over the last three years. We have found their expert guidance to be invaluable, including knowledge of the wider funding ecosystem, specific knowledge of grant frameworks, ability to translate knowledge from within our business into the prescribed formats required for grant applications, familiarity with and knowledge of the claims processes and ability to interact at a professional level with staff at Callaghan Innovation and Inland Revenue to deal with any queries that arise during claims application and assessment. Swell’s expertise in these areas has given us the best chance to optimise our R&D support funding and minimise the time required for staff to deal with each of the very specific grant funding processes. - Executive Chair, Fabrum