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.
1
Connect your team
Invite staff and advisors. Your team logs R&D time in seconds, right where they work.
2
Capture costs
Import expenses and allocate wages, software and overheads to the right activities.
3
AI drafts your claim
Turn raw engineering work into AusIndustry-ready hypotheses, experiments and conclusions.
4
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.”
DW
David Wood
Chief Product Officer, Northbeam
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.
The R&D Tax Incentive platform for Australian businesses.
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