Surefire Resources NL (ASX: SRN) announced receiving a refundable tax offset of AU$ 439,000 under the Federal Government’s Research and Development tax incentive scheme for eligible activities undertaken in the 2023/2024 financial year. The rebate supports SRN’s 100%-owned Victory Bore Vanadium Project, processing technology, and High Purity Alumina test work.
The R&D tax incentive scheme assists companies with a turnover of less than AU$20 million, offering a cash refund of 43.5 cents per eligible dollar spent on R&D activities. This initiative directly supports innovation and enhances technological advancements to improve productivity and competitiveness across the Australian economy. Receiving the AU$439K R&D rebate significantly strengthens SRN’s financial position, enabling the company to continue developing its projects. This funding will help advance its vanadium processing technology and drive progress toward commercializing its innovative solutions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Mar 26, 2025
Mar 26, 2025
Mar 26, 2025
Mar 26, 2025
Mar 26, 2025
Mar 26, 2025
Mar 25, 2025
Mar 25, 2025
Mar 25, 2025
Mar 25, 2025
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
