Swanson Reed News

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

TD 2014/15 – Treatment of Design Expenditure relating to an Asset

July 14th, 2014

The ATO recently issued TD 2014/15.  This Tax Determination relates to the R&D tax incentive and discusses the treatment of expenditure incurred by an R&D entity during various design stages (Design Expenditure) connected with it beginning to hold a tangible depreciating asset, where that expenditure also falls within the terms of section 355-205 of the Income Tax Assessment Act 1997 (ITAA97). The determination addresses the question of when to include the Design Expenditure in the first element of the cost […]

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

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]