http://mjassociates.com.au R&D tax credit and concesssion expert consultants - Australia's leading independent consultants Mon, 23 Jan 2012 04:59:31 +0000 http://backend.userland.com/rss092 en A few weeks ago, we were chatting with the tax manager of a large engineering firm about the proliferation of briefing sessions currently being offered regarding the new R&D Tax Credit, to be known from today as the R&D Tax Incentive (the Incentive). We agreed that the whole thing seemed ... http://mjassociates.com.au/mja-update/the-rd-tax-incentive-like-the-footy-finalists-take-it-one-week-at-a-time/?utm_source=rss&utm_medium=rss&utm_campaign=the-rd-tax-incentive-like-the-footy-finalists-take-it-one-week-at-a-time At 1 pm today, 23 August 2011 the Bills to replace the R&D tax concession with the R&D tax credit finally passed through the Senate. The only successful amendments were those to provide for a quarterly rather than an annual refundable R&D tax credit for SMEs from 1 January 2014, ... http://mjassociates.com.au/mja-update/rd-tax-credit-finally-passed-through-the-senate/?utm_source=rss&utm_medium=rss&utm_campaign=rd-tax-credit-finally-passed-through-the-senate As we write this current MJA Update, the R&D Tax Credit (the Credit) legislation is (very) patiently awaiting debate in the Senate. We understand that the Bills may go up next Monday (22 August) but, whenever they do, it is expected that they will pass without great difficulty owing to ... http://mjassociates.com.au/mja-update/alas-poor-rd-project-we-knew-you-well/?utm_source=rss&utm_medium=rss&utm_campaign=alas-poor-rd-project-we-knew-you-well “If you kids don’t keep quiet, I’ll turn this car around and there will be no Duff Gardens for you!” Sound familiar?  I guess we all have a time where we are the impatient passenger or the beleaguered driver. Well, it’s no different for those on the R&D Tax Credit bandwagon. The answer ... http://mjassociates.com.au/mja-update/are-we-there-yet-are-we-there-yet-are-we-there-yet/?utm_source=rss&utm_medium=rss&utm_campaign=are-we-there-yet-are-we-there-yet-are-we-there-yet Kris Gale, Managing Director of Michael Johnson Associates, is appearing on “Switzer” this Wednesday to discuss the imminent R&D Tax Credit. The show airs between 7.00pm and 8.00pm on Sky News Business Channel. The interview is also likely to be subsequently posted at www.skynews.com.au Should you wish to discuss the R&D Tax ... http://mjassociates.com.au/mja-update/mja-on-switzer/?utm_source=rss&utm_medium=rss&utm_campaign=mja-on-switzer Great News For SMEs Down The Road The Federal Government has confirmed that the revised start date of the R&D Tax Credit will be 1 July 2011 in a joint release from the Treasurer and the Minister for Innovation, Industry, Science and Research. In a sweetener for SMEs, loss-making claimants will be ... http://mjassociates.com.au/mja-update/rd-tax-credit-opens-for-business/?utm_source=rss&utm_medium=rss&utm_campaign=rd-tax-credit-opens-for-business The Minister for Innovation, Industry, Science and Research, Kim Carr, has given a strong indication that the R&D Tax Credit is set to effectively commence on 1 July 2011. Questioned earlier this week in a Senate Estimates hearing, Senator Carr stated that the matter will be brought on for debate in ... http://mjassociates.com.au/mja-update/rd-tax-credit-is-on-the-runway/?utm_source=rss&utm_medium=rss&utm_campaign=rd-tax-credit-is-on-the-runway In this edition of the MJA Update, we examine the ways in which the major changes proposed in the R&D Tax Credit (the Credit) reduce the eligibility of R&D where it is done in a production environment. We contend that the changes are driven by a philosophical position that the ... http://mjassociates.com.au/mja-update/so-what-if-the-proposed-rd-tax-credit-only-supports-failed-rd-is-that-such-a-bad-thing/?utm_source=rss&utm_medium=rss&utm_campaign=so-what-if-the-proposed-rd-tax-credit-only-supports-failed-rd-is-that-such-a-bad-thing And welcome, albeit belatedly, to 2011. In our first MJA Update of the year, we will look at the comments made by Senator Carr in last Friday’s AFR (click to view) urging for the current R&D Tax Credit Bill (the Bill) to pass through the Senate unmolested in the name ... http://mjassociates.com.au/mja-update/welcome-back-my-friends-to-the-show-that-never-ends-the-rd-tax-credit/?utm_source=rss&utm_medium=rss&utm_campaign=welcome-back-my-friends-to-the-show-that-never-ends-the-rd-tax-credit There is no better way to get a reality check on your viewpoint than when you are presented with a clearly opposing position. Such is the case with this week's announcement that the Australian Information Industries Association (AIIA) has written to Minister Carr to support passage of the draft R&D Tax ... http://mjassociates.com.au/mja-update/all-i-want-for-christmas-is-a-rd-tax-credit-that-works/?utm_source=rss&utm_medium=rss&utm_campaign=all-i-want-for-christmas-is-a-rd-tax-credit-that-works