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May, 2020

Breville Group Reports Increased R&D Investment Delivering Results

May 18th, 2020

Breville Group has been one of the outstanding performers on the ASX over the past year, with the value of its shares having approximately doubled in the past 12 months; Breville Group has a design and R&D headquarters in Sydney, with manufacturing, distribution, and sales facilities around the world. In a cautiously optimistic trading update announced this week, Breville Group has reported that: Total annual R&D Investment has increased 97% between FY15 and FY19; The R&D Team headcount has increased from […]

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QLD Company fined over $4 million due to incorrect R&D tax claims

March 26th, 2018

Advisors and Business owners are being warned! A Queensland business has been fined over $4 million for encouraging clients to lodge overstated or ineligible R&D tax incentive claims. On Tuesday 20 March the Australian Taxation Office confirmed the fine had been secured in the Federal Court against a company and its director for breaching promoter penalty laws relating to financial services. The company has allegedly been involved in 10 schemes leading to eight business clients receiving more than $3 million […]

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