Industry Specific Issues

R&D tax offset for foreign companies

July 26th, 2014

 The Australian 43.5% R&D tax offset is available to some foreign companies who undertake R&D in Australia. Who is eligible? Foreign entities may be eligible where they have setup: an Australian resident company; a corporation that is an Australian resident for taxation purposes; or a permanent establishment in Australia. What’s it worth? The amount that a foreign entity can claim through the R&D Tax Incentive depends on the turnover of the company and whether it has recorded a profit or loss […]

Read More

R&D Tax claim for companies before 30 June

June 24th, 2014

For information about upcoming requirements for June year end companies, please click here. Eligibility Checklist: Are you Eligible to claim the R&D Tax Incentive? Check out our Eligibility Wizard to find out. Audit Checklist: Can you handle an AusIndustry Audit?  Take our questionnaire to find out.

Read More

Free Seminar: Tax Strategies and Property Protection

May 23rd, 2014

  Join us for a practical workshop that will focus on the problems that every day companies face in protecting, and claiming incentives for their new products. You will hear from three industry experts on a range of topics, including tax issues, R&D tax incentives and patent protection.On conclusion of the presentation, participants will have an opportunity to ask the panel any specific questions in a friendly and constructive forum.What’s included? Seminar Title: Tax Strategies and Intellectual Property Protection Session 1: Protecting Intellectual Property […]

Read More

Commission Audit targeted by agricultural R&D

May 13th, 2014

The Commission Audit report, which examined Australian Government finances, has recommended that public funding of agricultural R&D in Australia be significantly reduced. The recommendations made by the report suggested that the amount of government funding be reduced to better reflect the mix of private and public benefits. It was suggested that the current cap on dollar for dollar matching of industry contributions by the government (which is currently set at 0.5 percent of gross value of production) should be halved […]

Read More

Email this job