The Australian newspaper has highlighted a speech to the Australian Computer Society on Friday made by Liberal Senator Andrew Bragg, who is chairing a committee examining Australia’s fintech sector. The article noted that: The government is mulling a number of policy shifts to make life easier for start-ups; Senator Bragg is quoted as saying: “FinTech Australia tells us the R&D tax incentive is the number one regulatory issue for fintechs. They tell us the importance of the R&D tax incentive […]
Many areas of regional Australia have been impacted by severe bushfires over the summer. Published on the AusIndustry website recently is the following extract: If you’ve been impacted by these bushfires, we don’t want you to be concerned about your R&D Tax Incentive claims. Now is the time to focus on yourself, your family and community; If your business is in an impacted area listed on the ATO website, and has been affected by this disaster, find out how we […]
Argent Minerals Ltd, a base metal explorer announced to the market in January 2019 that AusIndustry had issued a finding that the company’s Registered Activities for FY16 and FY17 were not eligible R&D Activities, with a liability of approximately $1.4M in dispute. Argent Minerals indicated within this January announcement that they remained of the view that the Registered Activities were indeed eligible R&D Activities, and that the company would exercise its right to have an independent internal review of the […]
A report in the Australian Financial Review has highlighted the remarkable performance of CSL over recent years, largely due to the company’s investment in R&D Activity. The report has highlighted: CSL’s share price has increased more than 50% during 2019, which is rare for a company of such size and maturity; If CSL maintains their current trajectory, it may shortly overtake Commonwealth Bank of Australia as the 2nd most valuable stock on the ASX by market capitalisation; CSL is now […]