General Updates

R&D in software is no different from the R&D in engineering or product development because the R&D is comprised of the experiments that test the efficacy of the hypothesis. The R&D is made up...

Since the R&D Tax Concession (the Concession) began in 1985, the eligibility of software R&D has been the subject of continuous conjecture and debate so much so that many have likened making a...

Last week, we delineated the current risk issues associated with the R&D Tax Incentive (Incentive) as presented by AusIndustry and the ATO. Close to our heart were the concerns raised by the described...

As the dust cloud that was the recent Federal Election settles, we welcome Greg Hunt and Craig Laundy to the Industry, innovation and Science portfolio. One imagines that a high priority for the new team will...

There are roughly 700 business grants offered by the three tiers of government in Australia. Do you know which ones apply to you? Approaching this smorgasbord is a real problem for smaller companies that are...

There are two basic models for outsourcing tax claims - and one of them is not what it seems. The first is Fee for Service and the second is known as a Success Fee. A Fee for Service is a set cost,...

When I meet people who run their own business, I am often struck by the ingenuity, enterprising spirit and pride that goes with building a successful company. They have carved a niche in their sector, take...

How can a manufacturing business in Australia hope to grow its market share when competing against cheaper labour and materials in places like China and Bangladesh? This is a question that stumps politicians...

Using the R&D Tax Incentive to its best advantage requires specialist knowledge. To unlock the benefit to your business, having experience on your side is essential. I have to declare my interest here. I...