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...
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Claiming the R&D Tax Incentive? Why a success fee may not be a good idea.
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,...
Have you developed any new or improved products or processes in your business? Did you know you can claim up to 45% of your costs back?
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...
Are increased costs limiting your business innovation? Your cash back entitlements can help.
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...
Why Do You Need a Research & Development Tax Specialist?
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...
The R&D Tax Incentive and software development. Do they go together?
Are you an innovator writing new and improved software? There is an odd perception, held by many in business, that software development is treated differently under the R&D Tax Incentive (the...
Are you missing out? Government tax incentives It’s your money
When I meet business owners and explain there is a ready source of government funding to help grow their business, they want to know where to sign up. When I explain the funds are available through a...
How do I grow my manufacturing business in a declining market?
Australian manufacturing is having a rough ride at the moment. It seems no one has a positive take on the role of manufacturing in the economy. A lot of the negative commentary is focused on particular...
Is your business eligible for cashback from the government?
In Australia, we have a generous tax-based incentive scheme for companies engaged in research and development (R&D). The scheme is only available to Australian businesses that are incorporated. When...
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MJA updates keep you informed on government decisions impacting your business, simplifying complex law and tax details.