Swanson Reed News

R&D Tax Incentive Deadline Looms

March 17th, 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. Thus, with Australia embarking on an ‘ideas boom’ in 2016, the role of research and development (R&D) may become pivotal to businesses in the private sector. With this in mind, when it comes to government incentives […]

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St Patrick’s Day Special: Could You Be Claiming the R&D Tax for Beverage Innovation?

March 16th, 2016

March 17th, the annual holiday honouring Irish heritage—or of a cartoon version thereof anyway—is indeed a day worth celebrating for the makers and purveyors of whiskey, beer and green attire. However, holiday or not, the whiskey beverage industry may already be celebrating due to a soar in popularity in recent years. In fact, Australians now drink almost 19 million glasses of whiskey in an average four weeks—around three million more glasses than in 2009. Moreover, young Australian’s in their 20s […]

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Biotech Firms Warn Against Changes to the R&D Tax Incentive

March 14th, 2016

There is a pervading fear in Australia that our best and brightest are failing to find opportunities locally and are instead vying for work overseas. ‘Brain Drain’, as it’s coined in public discourse, has subsequently become one of the key concerns for the Australian Government. Thus, as a response to dwindling innovation levels and in attempts to reverse the ‘brain drain’, the Australian government released the National Innovation and Science Agenda in December last year. In launching the agenda, the […]

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App Developers, Have You Considered the R&D Tax Incentive?

March 11th, 2016

By 2020, 70 percent of the population will have smartphones. Accordingly, the dominant presence of smartphones is greatly expanding the scope of mobile phone software development. The “App Economy”, as it is branded, is indeed mounting as it intertwines with the phenomenal increase in mobile phone penetration. As a result, mobile application development has emerged as a leading category in the software industry. Typically, the development of this unique software for both iOS and Android platforms often requires extensive research […]

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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

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