MJA Updates
As we rapidly head towards the closing date for submissions in respect of the current Review of the R&D Tax Incentive (the Review), it is high time we supply this third and final instalment of the MJA...
And no, this MJA Update is not a review of Weird Al Yankovic’s Star Wars parody of Don McLean’s American Pie entitled “The saga begins”, nor is it a critique of an American soap opera, it is in fact a direct...
The R&D Tax Incentive Review (the Review) has been on the road this week with a series of briefing sessions conducted by AusIndustry around Australia. It is an interesting move as the Review contains...
The recent release of the R&D Tax Incentive Review (the Review) has again seen the R&D Tax Incentive (the Incentive) hit the headlines and, as usual, for a mixture of the right and wrong reasons. The...
The Review of the R&D Tax Incentive Report has just been released. The report has been co-authored by Mr Bill Ferris AC, Chair, Innovation Australia, Dr Alan Finkel AO, Chief Scientist and Mr John Fraser,...
Just before midnight last night, the Senate voted to approve the Budget Savings (Omnibus) Bill 2016. As you will recall from an earlier MJA Update, this Bill included a 1.5% rate cut to the R&D tax...
Yesterday, the 45th Parliament introduced the Budget Savings (Omnibus) Bill 2016 which included a range of measures to progress towards “fiscal repair”. One of these 24 measures was the re-introduction of...
Innovation policy has been getting a decent run in this Federal election campaign. We keep hearing how the word ‘innovation’ is off the banned list and that it’s what is most critical if we are to make the...
Last night’s Federal Budget has little risk of being remembered as an innovation budget. In fact, innovation only got a run in the context of confirming a series of measures previously announced by the Prime...
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MJA updates keep you informed on government decisions impacting your business, simplifying complex law and tax details.
