BourkeHood Company Research Report

Company Overview

• Name: BourkeHood

• Mission: BourkeHood is dedicated to helping clients improve their business performance and accelerate growth by providing expert consultancy in R&D tax incentives, empowering companies to grow with innovation funding.

• Founded: No information is available.

• Founders: No information is available.

• Key People: Jason Hood, BourkeHood Director.

• Headquarters: Level 19, 135 King Street, Sydney, NSW, 2000.

• Number of Employees: No information is available.

• Revenue: 7-figure revenues in the 1st year.

• Recognition: BourkeHood is known for providing expert consultancy on R&D tax incentives across a multitude of sectors and business sizes.

Products

Offerings

1. R&D Tax Credits: Specializing in securing R&D tax credits to provide corporate tax reduction based on eligible R&D expenditure, supporting innovation and technology growth.
2. USA Services: Tailored services for US-based companies to navigate R&D tax incentives and employee retention credits.

Key Features:

• R&D Tax Credits:

• Ability to claim up to $250,000 in research and development costs.

• Specifically designed for companies engaging in novel, inventive, and experimental R&D activities.

• Supports activities such as development/design of new products, improving existing processes, and exploring new techniques.

• Employee Retention Credit:

• Provides up to $26,000 per employee in relief for businesses impacted by COVID-19.

• Established under the CARES Act for eligible businesses experiencing revenue reductions or shutdowns.

Recent Developments

• New Products/Features: No specific new product launches were documented.

• Partnerships: BourkeHood has an accountant partner program aimed at forming long-term relationships with financial professionals to maximize clients' R&D tax credits.

• Achievements:

• Serviced over 450 clients.

• Secured $50 million+ in R&D benefits for clients.

• Maintains a 0% claim rejection rate and offers free claim defense.

• Established a methodology that ensures a streamlined and straightforward claim process.

Insights and Strategies

• BourkeHood addresses common barriers to growth: time and financial resources, by offering non-dilutive funding options through R&D tax credits.

• The company has a strong focus on sectors including sciences, software, and engineering, advocating for the importance of overcoming technical uncertainties in accessing R&D tax credits.

• It possesses a detailed understanding of government-backed R&D incentives and provides clients with well-structured technical claims narratives.

Conclusions

BourkeHood stands as a pioneering consultancy specializing in innovation funding with a significant expertise base in R&D tax incentives. Through its tailored approach and commitment to detailed claim preparation, the company provides critical financial advantages for its clients, enabling them to maximize their potential for growth and innovation.