July 2018 – Michael Johnson Associates

p. 02 9810 7211
info@mjassociates.com.au

MJA Updates

A Call to Arms: A Matter Of YOU Asking The Right Questions About This Proposed Cut To Innovation Support

July 6, 2018 Kris Gale

This MJA Update is an unusual one for us because we are asking you to consider what impact the Exposure Draft on the R&D Incentive changes could make to your business and we are asking you to make your views known as a matter of urgency. The recent release of the Consultation Paper, accompanying the draft legislation and Explanatory Materials…

R&D Tax Incentive Reform: Draft Legislation Released

July 2, 2018 Melanie Reen

The Treasurer Scott Morrison and the Minister for Jobs and Innovation Michaelia Cash have just released draft legislation to implement the changes to the R&D Tax Incentive announced as part of the 2018–19 Federal Budget. In summary, the proposal is unchanged from Budget night, and the key features of this exposure draft are: Setting the tax offset for non-refundable claimants (> $20…

Keep informed

MJA updates keep you informed on how government decisions will effect your business. This is a must if you want to know the latest on business and company insights without having to read and decipher complicated law and tax manuscripts.