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Immediately below is an important press release from the Federal Government regrading industry assistance. Applications for Round two of the Manufacturing Modernisation Fund (MMF) are now open. As the first...
Spring is just around the corner, and even the Department of Industry, Science, Energy & Resources (the Department) has been doing some spring cleaning. The Department has just released its...
The ATO has released Draft Taxation Determination TD 2020/D1, setting out how the 'at-risk rule' (section 355-405 of the Income Tax Assessment Act 1997) applies to JobKeeper payments received by a company...
We hope that this MJA Update finds everyone doing as well as can be expected in these very challenging times. Not much editorial today. Just news of two changes regarding the R&D Tax Incentive (the...
After 36 years on the Balmain Peninsula, MJA is excited to announce that we are moving premises on Monday 30 September 2019. Our new office address is · 72 Campbell Street Surry Hills Our telephone...
On 1 July 2018, AusIndustry announced that the R&D Tax Incentive compliance process has been streamlined to reduce the burden and improve the timeframes for companies chosen for examination. The stated...
With the appointment of a new Prime Minister, Scott Morrison, the Federal Government has reworked its Ministries and their accompanying Ministers. MJA welcomes Karen Andrews to the new portfolio of Minister...
Today’s release by Innovation and Science Australia (ISA) of its report, “Australia 2030 Prosperity through Innovation”, sees the ISA take three key positions about the R&D Tax Incentive (the Incentive)...
It’s been some time since we’ve been in contact so it’s nice to talk to you. We’ve all been patiently waiting for the Federal Government’s response to the ‘Triple F’ Review of the R&D Tax Incentive (the...
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MJA updates keep you informed on government decisions impacting your business, simplifying complex law and tax details.
