rdmGO is the quickest and easiest way for companies to prepare a complete and compliant R&D Tax Incentive Registration Application.
rdmGO makes use of the ‘smarts’ in rdmLIVE to focus exclusively on capturing ALL of the information required to develop an R&D Tax Registration properly. rdmGO is far more than a series of short data collection questions designed to lock you into an expensive consulting agreement, it is a tool that will enable you to effectively self-manage and prepare your own R&D Tax registration and tax schedule.
rdmGO can still work collaboratively with your adviser, where projects, activities, costs and draft documents can be submitted for expert review, but with the comprehensive guidance, sector based examples and real time interactivity inbuilt into rdmGO, the tool demystifies R&D Tax and takes you closer to self-preparation.
A simple 3 step process
Step 1: Set Up
If you have claimed R&D Tax before, you can import the data from your most recent R&D Registration Form directly into rdmGO, this will instantly populate rdmGO with your company, project and activity data which can be simply updated for the present period. Sign Up Now for Instant Access
Step 2: Document
Work through the questions, adding/updating R&D projects and activities. Use the embedded guidance material and decision wizards to help correctly classify and structure activities. Use the innovative excel data system to import R&D costs into the system rapidly and easily. With rdmGO, you can share and assign tasks to others and invite your R&D Tax adviser to join in where you can submit for collaborative review prior to lodgement.
Step 3: Lodge
When you are happy with the projects, activities and cost data you can prepare the R&D Tax Registration Form and Tax Schedule all within rdmGO automatically, saving considerable time and effort. Sign Up Now for Instant Access
If you have lodged an R&D Tax registration in the past year and still have the PDF Application Smart Form, you can import the data from this form directly into rdmGO. This will instantly populate your rdmGO profile with company, contact, project and activity data enabling you to simply update and add new projects or activities for the current year’s registration.
Projects & Activities
With R&D Tax, you register R&D Activities that occur within R&D Projects. The rdmGO Projects module breaks down the larger and often confusing questions of the Registration Form into shorter, simpler questions. In R&D Tax, the job of the R&D activities is to overcome complexities to generate the knowledge needed to achieve technical goals.
The rdmGO Application module pulls data from the other modules and aggregates it into the form structure, where it is edited, reviewed and approved. The collaborative nature of rdmGO allows you to submit the work progressively to external advisers to give you additional peace of mind as you evolve into a fully-fledged self-preparer!
The R&D benefit is triggered when you lodge your annual company tax return and this requires an accompanying tax schedule. The rdmGO Tax Schedule module draws data from the cost module and helps you calculate the more complex feedstock, recoupment/clawback and payments to associate calculations.