R&D Tax Incentive, handled end to end

Claim every dollar of your R&D - without the paperwork

Faraday turns your team's everyday engineering work into an audit-ready R&D Tax Incentive claim. Track activities, capture time and costs, and let AI draft your lodgement.

✓ Built for Australian businesses✓ AusIndustry & ATO aligned

R&D dashboard

FY2025–26

Eligible spend

$989.6K

Activities

Refund est.

$430K

Eligible spend by activity

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Audit-ready pack

Generated in 9 days

43.5%

Refundable tax offset for eligible companies

9 days

Average time to an audit-ready pack

1,200+

Australian businesses claiming with Faraday

How it works

From everyday work to a lodged claim

Four steps. No spreadsheets, no scramble at year end.

Connect your team

Invite staff and advisors. Your team logs R&D time in seconds, right where they work.

Capture costs

Import expenses and allocate wages, software and overheads to the right activities.

AI drafts your claim

Turn raw engineering work into AusIndustry-ready hypotheses, experiments and conclusions.

Lodge with confidence

Export an audit-ready pack for your advisor or the ATO - every figure traceable.

Features

Everything your claim needs, in one place

Activity register

Document core and supporting activities with the hypotheses, uncertainties and methodology AusIndustry expects.

Time tracking

Staff log R&D hours against activities, with completeness and utilisation tracked automatically.

Cost allocation

Apportion wages, software and overheads across activities with a clear, defensible audit trail.

AI claim drafting

Generate technical narratives from plain-language notes - then refine them in your own words.

Advisor collaboration

Invite your R&D advisor for read-only review - salaries masked, aggregates visible.

Audit-ready exports

One click produces a lodgement pack and timesheet register in Word or PDF, ready to file.

Trusted by R&D-driven teams across Australia

NorthbeamVeridianLumoraCastellanBrightpath

“We used to lose a fortnight to our R&D claim every year. With Faraday the documentation builds itself as we work - our last lodgement took an afternoon.”

FAQ

Questions, answered

Ready to claim what you're owed?

Set up your workspace in minutes. Invite your team and your advisor - no credit card required.