Question: What do the following groups have in common? Universities Australia, Medicines Australia, Chemistry Australia, Northern Minerals, Australian Information Industry Association, Western Australian...
MJA Updates
Policy
Latest R&D Tax Bill – When Being Transparent Is Being As Clear As Mud
On 18 October, the new R&D Tax Bill, Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018, was referred to the Senate Economics...
R&D Bill Referred To Senate Committee
Yesterday, the R&D tax Bill, Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018, was referred to the Senate Economics Legislation...
The R&D Bill Is Introduced To Parliament
Yesterday, on the last sitting day of parliament for this month, the R&D tax Bill was introduced in the Lower House. The Treasury Laws Amendment Bill (Making Sure Multinationals Pay Their Fair Share of...
A Call to Arms: A Matter Of YOU Asking The Right Questions About This Proposed Cut To Innovation Support
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...
R&D Tax Incentive Reform: Draft Legislation Released
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...
The New R&D Tax Incentive: Integrity Measures – It’s A Two-Way Street
In this final “Budget Special” MJA Update, we look at the integrity measures that were announced last Tuesday night. The Government has acknowledged that the majority of taxpayers do the right thing but it...
The New R&D Tax Incentive: Refundable R&D Tax Offset – Some Value Trimming And A Fascinating Change
In yesterday’s MJA Update, we focused on the announced changes to the Non-Refundable R&D Tax Offset based on an R&D Intensity measure. The market in the past 48 hours has indicated strongly that these...
The New R&D Tax Incentive: Non-Refundable R&D Tax Offset – The Winners (an elite few) and The Losers (everyone else)
All Budgets need to crack down on areas of concern to help pay for things like income tax cuts and the like. Reading last night’s Budget Papers, it seems like the three areas where the Federal Government...
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MJA updates keep you informed on government decisions impacting your business, simplifying complex law and tax details.