The preparation of a Research and Development (R&D) Tax Incentive Registration form can often act as a catalyst for feelings of confusion and dread for applicants. The delicate gamble between how much to claim can ultimately spur risk aversion – claim too much and risk an audit, claim too little and risk losing money on your claim. Essentially, in order to utilise the R&D Tax Incentive to its best advantage requires specialist knowledge. Historically, the R&D Tax Incentive was formed with […]
With three layers of government and approximately 700 business grants available, finding the specific grant that is suitable for you can be difficult. Thus, for small businesses approaching this buffet of choices, the task can be daunting. Moreover, tax incentives are generally lumped in the category of ‘grants and incentives’, making it hard to differentiate the differences between a grant and an incentive. Firstly, there are a number of different grants available related to innovation, each with their own philosophy and measures. A […]
In a bid to broaden the economy away from a reliance on mining, the Australian government launched the National Innovation and Science Agenda (NISA) last December. As noted in the agenda, one of the Government’s strategic priorities is to attract the “best and brightest” entrepreneurial skills and talent into Australia. As a result, the government aims to support innovation through the creation of an entrepreneur visa in Australia. Essentially, the new entrepreneur visa will be established for entrepreneurs with innovative ideas and financial […]
Between now and 2050 the world’s food system will need to harvest 70 per cent more food to nourish an increasingly crowded world. As the global population trudges towards 9 billion by 2050 and land and water resources decline, never has the task of producing more from less been more imperative. Essentially, these figures reveal that the role of Agriculture on a global scale will no doubt become more paramount in the following years. In fact, Agriculture is one of […]