Intelligent Survey System
TaxTrex surveys were designed by experts to capture the scientific process as it happens. Once a project is
created, surveys are issued at three regular intervals throughout the year. <learn more>
Real-time Risk Assessment
The risk assessment algorithm will alert you on issues with eligibility, lack of substantiating documents, feedstock concerns and other areas that may put the R&D claim at risk. <learn more>
Identify and Resolve
TaxTrex’s real-time risk assessment algorithm goes over the information collected from the surveys and creates a risk profile for the R&D claim. The algorithm evaluates the status of the claim and alerts you if an action is necessary.
If any issues arise, Swanson Reed’s R&D experts will be available to help you ensure your R&D claim is quickly back to good standing. <watch video>
Phone Support: 1800 792 676
Nothing beats time-stamped documents.
TaxTrex’s three annual surveys are digitally signed and sealed with the time and date of completion.
These time-stamped documents prove the iterations of the projects over time, which will help you defend your claim in the event of an audit. <learn more>
Document Storage System
TaxTrex provides a centralised document storage facility, allowing you to upload and store relevant files.
Documents such as design iterations, technical feedback, and test results help to build a story about the progress of your project. TaxTrex’s unique document storage facility allows you to upload and store all your research accommodating documents. <learn more>
Commercially Track Staff Time
TaxTrex time tracking system allows you to easily and accurately track the amount of time your staff spend working on R&D projects. By recording this information at regular intervals throughout the year, R&D staff costs are captured, recorded and time-stamped.
This unique feature helps you to accurately substantiate your costs and maximise your R&D claim’s benefit . <learn more>
Visual Summaries & Activity Mapping
An R&D project has many contributing parts, causing confusion to the taxpayer, their R&D adviser and their accountant. At any point throughout the year, TaxTrex can produce a visual summary of research activities in progress to give you a bird’s eye view of exactly what is going on. <watch video>
Tested on 500+ R&D claims per year over a 4 year period
This core feature of TaxTrex is what separates it as the professional’s choice.
Swanson Reed’s in-depth research into R&D claims and case law was published in Taxation in Australia. The research conducted in this paper formed the basis for the TaxTrex concept. <learn more>