General Information

ATO Issues Warning on R&D Claims for Farming Activities

October 22nd, 2015

The Australian Tax Office and AusIndustry have issued guidance to alert companies against claiming the R&D tax incentive for business-as-usual farming activities. Expanding on this, ATO Deputy Commissioner Tim Dyce said that usual business expenditure is normally not eligible under the incentive and the law contains a number of requirements which must be satisfied in order for activities to be accepted. He further explains, “we’re seeing farmers applying soil treatments across their property, in some case thousands of hectares, which […]

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Should Australia Focus on Businesses to Drive Innovation?

October 21st, 2015

The Turnbull government have voiced their opinion on changing Australia to be more innovative, namely by endorsing start-ups. Early this month, Wyatt Roy, the Assistant Minister for Innovation, cited about how Israel transformed itself into a modern economy with more start-ups per capita than any other country, and how Australia could do the same to position ourselves as a world leader.  The Turnbull government has already revealed that they are working on a major innovation agenda with crowdfunding for start-ups […]

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Shifting the Culture in Australia by Leveraging Creativity, Innovation & Failure

October 20th, 2015

Is interactive whisky the way of the future? Although pixelated alcohol hasn’t been invented yet (unfortunately), the bottle has had a digital makeover. Johnnie Walker has created a bottle which sends personalised communications to the user if they wave a smartphone in front of it, for example a promotional offer or a cocktail recipe. The bottle can be tracked down the supply chain, from the manufacture to end product user, allowing for detailed customer insights. Hence, transforming the humble Mad Men […]

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When Life Gives You an Innovation Policy, Make Lemonade

October 19th, 2015

The next generation of Australian entrepreneurs could stem from a modest, after-school lemonade stand. This is the winning idea by Erin Watson-Lynn and her team at the government’s weekend “hackathon”, which united over 150 people on Saturday from the tech, business and government fields to workshop future innovation policy. Taking inspiration from the United States, the simple pitch was to start a national Lemonade Day to create “DICE” kids – Digital, Innovative, Creative and Entrepreneurial children. The team behind the […]

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Daniel McGregor
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Experienced responsive Team. They have been a great help to me and my company navigate the R&D tax claim process and have provided invaluable advice.
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2. June, 2022
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The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
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Payam Toloo
2. June, 2022
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Damian Smyth and his team are very helpful, supportive and experts in their field of R&D Tax claims. I'm always happy with the work they do and been a customer of their for over 5 years.
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Melissa Doddy
31. May, 2022
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The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end. Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
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Gary Watson
31. May, 2022
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We can highly recommend Swanson and Reed as an R & D accountant. We have worked with them for several years now as they make our R & D claim so easy and communicate quickly with both us and our accountant.
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Rob van den Bergh
31. May, 2022
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