Director
F Sorensen Consulting
Perth, Australia
PwC Director – R&D Incentives: July 2015 – April 2017> Leveraged extensive industry knowledge and practical experience to assist companies prepare their R&D claims, helping them to improve the robustness of documentation and substantiation to support their claims. > Assisted companies through complex and sensitive R&D compliance reviews and audits, involving the Australian Tax Office (ATO) and/or AusIndustry. > Utilised deep technical understanding of the R&D Tax Rules to assist companies with complex issues, including but not limited to: eligibility and descriptions of R&D activities, determining correct R&D entity to claim the incentive and assist with R&D expenditure related issues (Payments to Associates, Feedstock, Clawback, grants etc.).PwC Manager and Senior Manager – R&D Incentives: July 2010 - June 2015> Utilised technical knowledge and experience to assist clients better understand the R&D tax rules and helped them to maximize their claims leading to increased financial benefits recognised by the company.> Assisted clients to develop and implement improved processes for identifying and documenting R&D activities and related expenditure to increase confidence in claim robustness. > Developed knowledge and expertise in a broad range of industries including ICT, various Manufacturing, Engineering, Mining and Services etc. and utilised this knowledge to unlock opportunities for clients and assist them to apply the tax rules to their particular industry.