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MJA Updates

R&D Tax Incentive: More Flexibility Provided In Respect of Finding Applications But The Most Pressing Question Remains Unanswered

April 23, 2020 Kris Gale

In a pleasing development this week, the Federal Government has announced a three month extension for the lodgement of Advance and Overseas Finding applications through to 30 September for taxpayers with a 30 June 2020 financial year end in an acknowledgement of the effects of COVID-19 on Australian businesses. AusIndustry will accept a ‘provisional’ Advance or Overseas Finding application for…

Living In The Time Of Recalibration – Why Should The R&D Tax Incentive Be Any Different?

April 9, 2020 Kris Gale

We hope that this MJA Update finds you and your families doing as well as possible. One unavoidable consequence of the current pandemic is that certain words in the lexicon get rolled out as never before. Examples that come to mind are 'unprecedented', 'uncharted' and, yes, 'distancing'. Another is definitely 'recalibration'. Recalibration can take many different forms. Some look forward…

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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.

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