Swanson Reed News

Reminder: R&D Registrations Due 30 April 2016

April 22nd, 2016

Registration is the critical first step in accessing the R&D Tax Incentive. In order to be able to claim the benefits of the R&D Tax Incentive, a company must register their R&D activities with AusIndustry. As mentioned in a previous post, the deadline for lodging an application for registration is ten months after the end of a company’s income year. Thus, for companies with a standard income period of 1 July to 30 June, the lodgement date for registrations with […]

Read More

Government’s Proposed Cuts to the R&D Tax Incentive Lapses

April 21st, 2016

Innovation has become progressively debated in public discourse of late, leading to a significant focus on the R&D Tax Incentive in the last 12 months. This week, however, a positive development was made that will no doubt be welcomed by the innovation ecosystem in Australia. To clarify, a proposed 1.5% cut to the R&D Tax Incentive under the Tax and Superannuation Laws Amendment (2015 Measures No. 3) Bill 2015 will not ensue – the Bill before the senate has lapsed and […]

Read More

Australia’s R&D Tax Cash Benefit Tops OECD Comparison

April 20th, 2016

Undeniably, policies aimed at growing national research and development (R&D) activity is now a central element of national tactics to increase productivity, long run economic growth and international competitiveness in most countries. According to the OECD, the largest amount of R&D tax support, in relative terms, was provided by the Netherlands with 87% as percentage of total government support; however, Australia is a close second with 85% as percentage of total government support. Moreover, Australia actually tops the globe for loss making […]

Read More

IP Report Reveals Innovation in Australia is Increasing

April 19th, 2016

‘Innovation’, the term alone has somewhat formed a place in the Australian vernacular in recent months. The buzzword skyrocketed into popularity when Prime Minister Malcolm Turnbull issued its National Innovation and Science Agenda in December, detailing plans to increase innovation, entrepreneurship and reward risk tasking. Now, according to the latest details provided by the Australian Intellectual Property Report 2016, innovation has become more than just political jargon and is actually on the rise by Australians – both locally and abroad. To […]

Read More

Bryce Steele
Principal, Melbourne
Tel: (03) 9018 5778
Mob: 0435 713 493
Tom Parkhouse
Principal, Sydney
Tel: (02) 8006 0559
Mob: 0411 718 565
Andy Nguyen
Principal, Brisbane
Tel: (07) 3221 1499
Mob: 0407 750 249
Kieu McKellar
Manager, Adelaide
Tel: (08) 8121 7850
Mob: 0435 713 493
David Greatwich
Principal, Perth
Tel: (08) 9340 3745
Mob: 0468 386 250
Sarah Guan
Manager, Hobart
Tel: (03) 9018 5778
Mob: 0401 262 591

Categories

Archives

Email this job

[recaptcha]