What is EMDG? The Export Market Development Grants (EMDG) scheme is an incentive program from the Australian government. It’s designed to encourage small and medium Australian businesses to increase their marketing and promotions overseas. How much do you get back? You get up to 50% of your promotional expenses above $5000 up to a maximum… Continue Reading
What you need to know about the Early Stage Innovation Company Investor Tax incentives As part of the National Innovation and Science Agenda (NISA), the ATO is trying to “encourage innovation by aligning our tax system and business laws with a culture of entrepreneurship and risk-taking.” The idea is to help innovative startups through the… Continue Reading
When it comes to anything tax-related, your records are everything. The same rule applies for Research & Development grants. Establishing smart record keeping systems can be the difference between winning a grant and missing out – in all seriousness. The incentive operates on a self-assessment basis. This means it’s your job to determine whether your… Continue Reading
‘What can I claim?’ It’s one of the first questions that comes to mind. Grants can seem overwhelming if you haven’t gone through the application process before. But it’s as simple as investing the invest time into understanding the in’s and out’s. Let’s pop that big question mark bubble and go through the eligible activities.… Continue Reading
Getting compliance ready is a crucial part of R&D planning. In layman’s terms, it’s having all your ducks in a row. This means your systems and processes are in place to identify, evaluate and record eligible activities and expenses. Good planning & robust systems Well-thought planning coupled with agile business systems and process, help improve… Continue Reading
© 2016 | All rights reserved Website by eSense Web Design